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Is Hindzinc a good buy?
Hindustan Zinc Limited (NSE: HINDZINC) As on 16th Dec 2021 HINDZINC Share Price closed @ 323.80 and we RECOMMEND Buy for LONG-TERM with Stoploss of 317.00 & Sell for SHORT-TERM with Stoploss of 330.38 we also expect STOCK to react on Following IMPORTANT LEVELS.
Why is Hindustan Zinc falling?
“The Ebitda decline is due to lower revenues, contribution towards Covid-19 donations, and one-time startup costs, partly offset by lower operating costs, the company said.
Who owns Hindustan Zinc?
Vedanta Limited
Government of India
Hindustan Zinc/Parent organizations
We are a subsidiary of Vedanta Limited which owns 64.9\% stake in the Company while the Government of India retains a 29.5\% stake.
Is Hindustan Zinc debt free?
What Is Hindustan Zinc’s Debt? You can click the graphic below for the historical numbers, but it shows that as of March 2021 Hindustan Zinc had ₹64.7b of debt, an increase on ₹6.11b, over one year. But on the other hand it also has ₹223.9b in cash, leading to a ₹159.2b net cash position.
Is Hindustan Zinc a debt free company?
There are many debt free companies in India. But as Hindustan Zinc being in the metal space, staying debt free over long term is a big milestone. Only other company which has this attribute is NALCO.
Is Hindustan Zinc owned by Vedanta?
Hindustan Zinc is a subsidiary of the Vedanta Ltd. “…we wish to inform you that the Supreme Court has passed a judgment in writ petition no. 229 of 2014 on November 18, 2021.
What is the work at Hindustan Zinc Limited?
Hindustan Zinc is self-sufficient in power with captive thermal power plants and has ventured into green energy by setting up wind power plants. The Company is ranked 1st in Asia-Pacific and globally 7th in Dow Jones Sustainability Index in 2020 amongst Mining & Metal companies.
How is working at HZL?
No work life balance, no guidance or training, no job security, meetings most of the time, mandatory lay offs of at least 10 percent executives each year and many more. The top management is mostly ruthless, especially the HR head of the company. It is a typical baniya company with worst culture and management.