HINDZINC

Hindustan Zinc (HZL) has been in the spotlight

Hindustan Zinc (HZL) has been in the spotlight this August with strong financial results, a major renewable energy push, and bullish brokerage calls. The stock gained nearly 4% on 21 August 2026, supported by rising silver and zinc prices, and analysts see up to 33% upside from current levels. 🔑 Latest Hindustan Zinc News (August 2026) 1. 📊 Financial Performance Q1 FY27 Net Profit: ₹5,469 crore, up 145% YoY. Revenue Growth: From ₹7,771 crore (Jun 2025) to ₹13,747 crore (Jun 2026), a 76.9% increase. EPS: Rose from ₹5.29 (Jun 2025) to ₹12.94 (Jun 2026). Strong margins and consistent quarterly growth highlight operational efficiency. 2. 🌱 Renewable Energy Transition Current Renewable Share: 22% of total power consumption (up from 18% in FY26). Target: 70% renewable power by FY2028. Key Initiatives: Expanded deal with Serentica Renewables to 530 MW. Floating solar projects on ponds. Waste heat recovery improvements. This aligns with HZL’s Net Zero 2050 ambition. 3. 💹 Stock Market Action Price Movement (21 Aug 2026): Closed at ₹594.80 (+3.80%). Brokerage View (HSBC): Maintains Buy rating, target price ₹770 (33% upside). Notes underperformance despite strong zinc prices (+18.5% YTD). Silver rebound (+11.9% in past month) adds earnings tailwind. FY28 EBITDA estimate: ₹34,100 crore vs consensus ₹28,000 crore. 4. 📈 Technical & Market Sentiment Trend: Bullish in both short and long term. 52-week range: ₹418 – ₹732. Volumes: NSE traded 14.19M shares on 21 Aug. Analyst Recommendations: Hindustan Zinc was among the top buy picks for 21 Aug by Prabhudas Lilladher.