Hindustan Zinc, currently trading at Rs 533.45, is recommended to be held with a predicted price range of Rs 670-700 due to its strong performance and attractive valuations. Meanwhile, Ola Electric and Brainbees Solutions might have high valuations, but NTPC Green Energy, currently at Rs 97.07, shows promising long-term growth prospects.
Hindustan Zinc Limited
HINDZINCRecent Discussions
Angel One's Osho Krishan suggests considering investments in Hindustan Zinc and Chennai Petroleum due to positive technical indicators and promising setups. However, the Indian stock market took a dip on April 2 amidst global tensions, with Nifty 50 and Sensex falling, while FPIs sold off assets worth Rs. 83.3B, offset slightly by DIIs' purchases of Rs. 71.7B.
Hindustan Zinc achieved a new record for quarterly mined metal output in Q4FY26, reaching 315 kt, with the total for FY26 standing at 1114 kt. However, there was a decline in lead and silver production, dipping by 13% and 9% YoY respectively, while refined zinc saw a 3% increase compared to last year.
Power Mech Projects Limited has secured a significant ₹109 crore contract with HindZinc to construct a 91.5 MW power plant, highlighting the company's growing involvement in renewable energy projects.
Power Mech's shares soared by 8% today, reaching an intraday high of ₹1,867.5, following a ₹109.2 crore order from Hindustan Zinc. However, the stock has still fallen 25% year-to-date, despite recent successful bids for contracts worth ₹709.6 crore with Adani and ₹1,005 crore in Mirzapur/Mahan projects.