Hindustan Zinc Share Price Slips 6% Amid ₹3,300 Crore Block Deal

Market Performance

Hindustan Zinc's share price witnessed a notable dip of 6.05%, closing at ₹455.60 per share on the NSE during Wednesday's trading session (June 18).

The decline in share price followed a large block deal that generated significant investor activity.

• Price Fall: 6.05% intraday drop
• Closing Price: ₹455.60
• Volume Traded: 7.2 Crore shares
• Trade Value: ₹3,323 Crore
• Trade Price per Share: ₹460

Main News

Over 7.2 Crore shares, representing 1.71% of Hindustan Zinc's equity, changed hands through block deals. The cumulative trade value touched approximately ₹3,323 Crore.

According to media reports, the block deal is linked to promoter activity, with Vedanta reportedly having offloaded a portion of its stake. While the initial deal size was expected to be around ₹7,500 Crore, it was scaled down to the current value.

Company Details

Shareholding Structure (as of March 2025)

• Vedanta Ltd (Promoter): 63.42%
• Government of India: Over 25%
• LIC & FPIs: Remainder
• Retail Investors (≤ ₹2 lakh): 2.5%

The company continues to maintain a limited public float, contributing to tighter liquidity for individual retail shareholders.

Expansion Plans for 2025

Hindustan Zinc has laid out ambitious growth strategies aimed at doubling its production capacity across key segments.

• Integrated Refined Metal Capacity: +250 kipa
• Mining & Milling Capacity: Proportionate increase
• Estimated Investment: ₹12,000 Crore
• Timeline for Completion: 36 months

This expansion covers zinc, lead, and silver, aligning with the company's long-term growth objectives and vertical integration efforts.

Summary of the Article

The Hindustan Zinc share price faced a sharp decline of over 6%, driven by a massive ₹3,300 Crore block deal. While the company has not officially confirmed the seller, reports indicate that promoter Vedanta may have been involved in stake dilution.

Despite the stock price reaction, Hindustan Zinc remains focused on long-term growth through strategic capacity expansions worth ₹12,000 Crore. With a substantial promoter holding, limited retail float, and diversified portfolio in zinc, lead, and silver, the company continues to stay in the spotlight for operational developments rather than market speculation.