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Akhilesh Jat SEBI RA

11th Mar · SEBI-Registered Analyst

Hindustan Zinc Trades Higher After New Zinc Park Tie-Up

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HINDZINC
rose nearly 2% in morning trade on 11 March, drawing attention after the company announced a strategic partnership. Hindustan Zinc signed a Memorandum of Understanding (MoU) with CMR Green Technologies to establish a zinc alloy manufacturing facility at Zinc Park. This marks the second major partnership for Zinc Park, following an earlier MoU with Tripura Group, highlighting the company’s push toward downstream metal value addition. However, the stock erode its early gains during the session. By 12:10 PM, it was trading around 0.6% higher, showing relative resilience even as the NIFTY 50 Index declined over 1% in the first half of trade. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.

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