Exploring the Hindustan Zinc Share Price Targets for 2024, 2025, 2030. Hindustan Zinc Limited (HZL) is an Indian company that specializes in mining and resource production of zinc, lead, silver, and cadmium. It operates as a subsidiary of Vedanta Limited.
Originally a Central Public Sector Undertaking, it was privatized by the Government of India to Vedanta Limited during the tenure of Atal Bihari Vajpayee and the Bharatiya Janata Party in 2003. HZL currently ranks as the world’s second-largest zinc producer.
Its operational segments encompass Zinc, Lead, Silver & Others, as well as Wind Energy. Operating primarily in the state of Rajasthan, the company manages five zinc-lead mines, four zinc smelters, one lead smelter, one zinc-lead smelter, eight sulfuric acid plants, one silver refinery plant, six captive thermal power plants, and four captive solar plants.
Additionally, the company operates a rock-phosphate mine near Udaipur in Rajasthan and processing and refining facilities for zinc, lead, and silver in Uttarakhand. Expanding its renewable energy portfolio, Hindustan Zinc also operates wind power plants in Rajasthan, Gujarat, Karnataka, Tamil Nadu, and Maharashtra, along with solar power plants in Rajasthan.
Company Profile
| Company Type | Public |
| Traded As | NSE: HINDZINC BSE: 500188 |
| Industry | Mining, Milling, Smelting |
| Founded | 1966 (58 years ago) |
| Headquarters | Udaipur, Rajasthan, India |
| Area Served | India |
| CEO | Mr. Arun Misra |
| Chairman | Mrs. Priya Agarwal |
| Products | Zinc, Lead, Silver, Cadmium |
| Parent Company | Vedanta Limited (64.92%) |
| Website | hzlindia.com |
Hindustan Zinc Ltd. Fundamentals
| MARKET CAP | ₹ 1,82,512.65 Cr |
| ENTERPRISE VALUE | ₹ 1,93,248.65 Cr |
| NO. OF SHARES | 422.53 Cr |
| P/E | 21.9 |
| P/B | 11.61 |
| FACE VALUE | ₹ 2 |
| DIV. YIELD | 17.48 % |
| BOOK VALUE (TTM) | ₹ 37.20 |
| CASH | ₹ 1,412 Cr |
| DEBT | ₹ 12,148 Cr |
| PROMOTER HOLDING | 64.92 % |
| EPS (TTM) | ₹ 19.72 |
| SALES GROWTH | 15.82% |
| ROE | 44.55 % |
| ROCE | 50.04% |
| PROFIT GROWTH | 9.24 % |
| Year | Hindustan Zinc Share Price Target 2024 |
|---|---|
| 2024 | ₹380.72 – ₹450.72 |
Throughout 2023, many Indian stocks, including HINDZINC, experienced a significant bullish trend. The first quarter of 2024 is anticipated to maintain this bullish sentiment, albeit with some initial consolidation.
According to technical analysis, the expected minimum share price target for HINDZINC in 2024 is ₹380.72, while the maximum price target is projected to be ₹450.72.
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| Year | Hindustan Zinc Share Price Target 2025 |
|---|---|
| 2025 | ₹430.2 – ₹510.4 |
The projected share price of HINDZINC is estimated to reach Rs. 430.2 by January 2025. Should both macro and microeconomic factors, along with industry trends, remain supportive, there is potential for the target price of Hindustan Zinc Ltd. to increase to Rs. 510 by December 2025.
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| Year | Hindustan Zinc Share Price Target 2030 |
|---|---|
| 2030 | ₹1080.9 – ₹1150.5 |
The projected share price target for Hindustan Zinc Ltd in 2030 starts at ₹1080.9. With favorable market conditions, the mid-year target could potentially reach ₹1100. By the end of 2030, the price target for Hindustan Zinc Ltd is expected to potentially reach ₹1150.5, driven by bullish market trends.
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| Year | Hindustan Zinc Share Price Target 2040 |
|---|---|
| 2040 | ₹2200 – ₹2500 |
In the year 2040, the estimated share price target for Hindustan Zinc ranges from ₹2200 to ₹2500.
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| Year | Hindustan Zinc Share Price Target 2050 |
|---|---|
| 2050 | ₹5200 – ₹5500 |
In 2050, the projected share price target for Hindustan Zinc ranges from ₹5200 to ₹5500.
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Hindustan Zinc Ltd. Stock Analysis Report: Is Hindustan Zinc a good buy for long term?
The analysis of Hindustan Zinc’s financial health suggests it has several positive factors that could make it a good long-term investment, but there are also a few financials data to consider:
- PE Ratio: The Price-to-Earnings (PE) ratio indicates how much investors are willing to pay for a share relative to its earnings. Hindustan Zinc’s PE ratio of 21.90 suggests the stock is relatively overvalued.
- Share Price: Hindustan Zinc’s current share price is Rs 431.95. Utilizing valuation calculators can help determine if the stock is undervalued or overvalued.
- Return on Assets (ROA): ROA measures how efficiently a company generates profits from its assets. Hindustan Zinc’s ROA of 26.26% indicates promising future performance.
- Current Ratio: This ratio assesses a company’s ability to cover short-term liabilities with short-term assets. Hindustan Zinc’s current ratio of 0.85 may raise concerns about short-term liquidity.
- Return on Equity (ROE): ROE showcases a company’s profitability relative to shareholders’ investments. Hindustan Zinc’s ROE of 44.55% indicates strong profitability.
- Debt to Equity Ratio: This metric assesses a company’s capital structure. Hindustan Zinc’s D/E ratio of 0.94 suggests a relatively low proportion of debt in its capital.
- Inventory Turnover Ratio: This ratio evaluates a company’s inventory management efficiency. Hindustan Zinc’s Inventory turnover ratio of 17.88 indicates efficient management.
- Sales Growth: Hindustan Zinc has reported a revenue growth of 15.82%, reflecting fair performance.
- Operating Margin: This metric reveals a company’s operational efficiency. Hindustan Zinc’s operating margin for the current financial year is 51.36%.
- Dividend Yield: This ratio indicates the dividend payout relative to the stock price. Hindustan Zinc’s current year dividend yield is 17.48%.
👍 Strengths
- Over the past three years, the company has achieved a solid profit growth rate of 15.63%.
- Demonstrating robust performance, the company has achieved a notable revenue growth rate of 22.47% over the past three years.
- The company has consistently maintained a healthy Return on Equity (ROE) of 31.82% over the past three years.
- With a commendable Return on Capital Employed (ROCE) of 38.25% over the past three years, the company displays strong financial efficiency.
- The company boasts a healthy Interest Coverage Ratio of 46.94, indicating its ability to meet interest payments comfortably.
- Over the last five years, the company has sustained an effective average operating margin of 51.25%, showcasing operational strength.
- With a CFO/PAT ratio of 1.25, the company exhibits proficient cash flow management.
👎 Weakness
- High promoter pledging, reaching 99.37%, poses a significant concern.
FAQs
Is Hindustan Zinc a govt company?
Hindustan Zinc is subsidiary of Vedanta Limited, they hold a 64.9% stake in the company, while the Government of India maintains a 29.5% ownership interest.
Does Hindustan Zinc pay dividends?
Yes, Hindustan Zinc pays dividends. The text analysis explicitly states this under the bullet point “High Dividend Yield” which says “The 17.48% dividend yield is attractive for income-seeking investors.”
What is the price target of Hindustan Zinc in 2025?
Hindustan Zinc estimated share price target stands between ₹430.2 – ₹510.4 for 2025.
