News about Hindustan Zinc

Hindustan Zinc shares rose 4% on Wednesday as investors weighed its September-quarter results and brokerage views. The company reported a 61.3% EBITDA margin and reiterated FY27 refined metal output guidance of 1.1 million tonnes. The 12-month Bloomberg consensus target is Rs 646, about 20% above Monday's close of Rs 538.40, with HSBC highest at Rs 770 and Citi lowest at Rs 495. Jefferies kept its Buy rating and raised its target to Rs 650, Motilal Oswal cited better-than-expected quarterly performance, and Nuvama kept Buy but cut its target to Rs 676 from Rs 700.