Archive for April, 2018

Hindustan Zinc Plans Hiving Off Silver Portfolio into a New Unit

Billionaire Anil Agarwal’s Hindustan Zinc has proposed hiving off its highly profitable silver portfolio into a separate company, mirroring the shareholding pattern of the parent firm. The government owns 29.5 per cent of Hindustan Zinc (HZL) and will have to give its consent for this restructuring proposal to take effect.

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Hindustan Zinc : Gaining lustre

Expansion plans to cater to the rising demand make this leading producer of zinc attractive

With the revival in domestic economic growth and favourable export prospects, the metal space has turned attractive over the past few months. In this light, Hindustan Zinc, a leading producer of zinc and silver appears well-placed to cater to the demand for these metals.

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