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Hindustan Zinc

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Hindustan Zinc Limited (HZL) is an integrated mining and producer of the metals zinc, lead, silver and cadmium. HZL is the world’s second-largest zinc producer.

 

This 2016 version of company research report analyses the performance of HZL with over five years financials up to the financial year 2015-16.

Description

Hindustan Zinc Limited (HZL) is an integrated mining and producer of the metals zinc, lead, silver and cadmium. HZL is the world’s second-largest zinc producer.

 

Hindustan Zinc Limited was originally incorporated from the erstwhile Metal Corporation of India in the year 1966 as a Public Sector Undertaking.

 

Beginning n April 2002, Sterlite Opportunities and Ventures Limited (SOVL) of the Vedanta group made progressive acquisition of the equity shares from the government and public to 64.92%. SOVL was merged with Sterlite Industries India Ltd in April 2011. Sterlite Industries merged with Sesa Goa Ltd to form Sesa Sterlite Limited in August 2013. Sesa Sterlite was renamed to Vedanta Limited in April 2015. Thus Hindustan Zinc is now a direct subsidiary of Vedanta Limited.

 

This 2016 version of company research report analyses the performance of HZL with over five years financials up to the financial year 2015-16.

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