Hindustan Zinc Share Price Soars 6% Ahead of Dividend Board Meet

Market Performance

• Intraday Surge: Hindustan Zinc share price spiked 6.03 % to an intraday high of ₹532.50 on Monday.
• Heavy Volumes: Nearly 91 lakh shares changed hands, topping the weekly average of 81 lakh.
• Recent Rally: The stock has gained 28% in the last month and 75% over the past two years despite a 28% year-over-year decline.

Main News

Board Meeting for Interim Dividend

• The board is scheduled to meet on June 11, 2025, to review and approve the first interim dividend for the financial year 2025-26.
• A trading window closure is in effect from June 9, 2025, to June 13, 2025, for all designated persons.

Dividend Record Date

• The company has set June 17, 2025, as the record date to identify shareholders eligible for the upcoming dividend, according to its regulatory filing.

Company Details

• Parentage: Hindustan Zinc is a key subsidiary of mining conglomerate Vedanta Ltd.
• Credit Profile: CRISIL Ratings has reaffirmed its 'AAA/Stable' long-term and 'A1+' short-term ratings, citing
  • dominant domestic zinc position,
  • integrated, cost-efficient operations, and
  • robust liquidity.

Share-Price Snapshot (Pointers)

• Current Price (12:35 PM): ₹523.15 (+ 4.17 %).
• Month-on-Month: +28 %.
• Year-to-Date: +18 %.
• 5-Year Return: +203 % multibagger.

Summary

Hindustan Zinc share price extended its three-session winning streak, buoyed by dividend-related optimism and substantial trading volumes. With the board set to decide on an interim payout and the record date fast approaching, investor interest remains elevated. Solid credit ratings and a history of long-term value creation continue to underpin confidence in the company's fundamentals.