Hindustan Zinc share price soars 6% on interim dividend announcement

Hindustan Zinc share price soars 6% on interim dividend announcement
Hindustan Zinc share price soars 6% on interim dividend announcement

New Delhi: The shares of Hindustan Zinc have surged over 6 percent on Monday amid the reports of the company’s scheduled board meeting on  June 11. The broad meeting will be held for the consideration and approval of an interim dividend for the financial year 2025-26. The shares closed at Rs 522.40 in the trading session on Monday, as per the data obtained from BSE. The company shares have witnessed heavy trading volume in the backdrop of the announcement.

Pursuant to Regulation 29 of SEBI Listing Regulations, notice is hereby given that the Board of Directors of the Company (“Board”) on Wednesday, June 11, 2025, will consider and approve the first interim dividend on equity shares, if any, for the financial year 2025-26,” the company said in a regulatory filing to the stock exchange.

The company is also considering fixing the dividend record date. The record date is the date at which a company decides the list of shareholders who would be eligible for the dividend. The record date is confirmed as 17 June 2025.

Following the guidelines of SEBI regarding insider trading, the company has closed the trading window for designated persons from Monday, 09th June 2025, till 13th June 2025, the company further said in a statement.

Hindustan Zinc Share Price

At the time of writing, the share price is currently trading at Rs 536.30. The shares have recorded a surge of 28 percent in their previous trading month and over 18 percent on a year-to-date (YTD) basis. However, Hindustan Zinc shares have fallen 28 percent and given a negative return. The share price has given good results when it comes to long-term investment. The shares prove to be multibaggers in two and five returns, giving 75 and 203 percent results, respectively.

Hindustan Zinc is a subsidiary of the Vedanta Group and is a leading Indian company in zinc, lead, and silver production and refining. It is also the world’s second-largest integrated producer of zinc.

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 Hindustan Zinc’s share price jumped over 6% following the announcement of a scheduled board meeting on June 11th, 2025, to consider an interim dividend for FY26. The record date for the dividend is set for June 17th, 2025. The company’s shares have demonstrated strong long-term growth as compared to the volatility of short term losses  Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today