/ Zinc Price Fall Means Hindustan Zinc Unlikely To Repeat Q4 Show ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Friday, 21 April 2017


ET Intelligence Group: Hindustan Zinc (HZL) surprised the Street with better-than-anticipated March quarter numbers. Its sales almost doubled while earnings tripled year-on-year as the management ramped up the zinc and lead production in the quarter to take advantage of the higher zinc prices. 

But, given the recent drop in the zinc prices, it may not be able to repeat the performance in the coming quarters. This may affect the company's stock considering the current high valuation. 

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