In the past 12 months, Hindustan Zinc has paid an equity dividend of Rs 46 per share, which results in a dividend yield of 14%. As per Trendlyne data, the average target price of Hindustan Zinc estimate is Rs 267, which shows a downside of 18% from the current market prices.
Hindustan Zinc: Motilal Oswal Securities said Hindustan Zinc shares are currently trading at a rich valuation of 6.7 times FY25 EV/Ebidta and 5.6 times FY25 P/B. This brokerage retained its FY24 and FY25 estimates
Moody's said Vedanta Resources' credit quality is constrained by its weak liquidity because of interest expense and large refinancing needs, thanks to tightening financing conditions in global capital markets.