you are here:

Hindustan Zinc Ltd.

BSE: 500188 | NSE: HINDZINC |

Represents Equity.Intra - day transactions are permissible and normal trading is done in this category
Series: EQ | ISIN: INE267A01025 | SECTOR: Metals - Non Ferrous

BSE Live

Jul 28, 10:41
317.70 -2.80 (-0.87%)
Volume
AVERAGE VOLUME
5-Day
118,710
10-Day
97,151
30-Day
92,290
34,476
  • Prev. Close

    320.50

  • Open Price

    319.10

  • Bid Price (Qty.)

    317.65 (1)

  • Offer Price (Qty.)

    317.90 (2)

NSE Live

Jul 28, 10:41
317.95 -2.50 (-0.78%)
Volume
AVERAGE VOLUME
5-Day
1,524,453
10-Day
1,422,416
30-Day
1,172,638
350,754
  • Prev. Close

    320.45

  • Open Price

    320.00

  • Bid Price (Qty.)

    317.75 (2)

  • Offer Price (Qty.)

    317.95 (20)

Annual Report

For Year :
2019 2018 2017 2016 2015 2014 2013 2012 2011

Chairman's Speech

Dear Chairman, I AM glad To Share THAT even during our phase of Transitioning From open CAST Mining To underground Mining AT Rampur Agatha, our Flagship Mine, we were Able To Achieve Record production, Control Costs And Better our Financial performance. The year was not without its challenges and obstacles and some disappointments. we had to scale back our production targets due to slow ramp-up of our underground mines. whilst our mined metal production in the second half of FY 2014 was down marginally from the first half, this largely rejected our shift in focus towards primary mine development to facilitate future growth. Market Scenario The year 2013 saw global industrial production grow at its slowest rate since 2009. However, domestic demand in China has improved through the second half of the year. The developed world is also showing gradual recovery of economic activity. during the year, zinc witnessed a good global demand leading to a drawdown of inventories after years of build up. A similar scenario is anticipated for 2014 as well. Starting next year, we will see some major mine closures, which along with rising demand will likely lead to mine supply shortfall by 2017. India''s zinc demand will leverage from the recent depreciation of the rupee, which is expected to increase exports and industrial production. The anticipated global economic recovery would also facilitate auto exports from India. The pick-up in consumer sentiments will further give a flip to industrial and construction sectors, boosting demand for our products. Milestones Hindustan Zinc achieved a number of strategic milestones during FY 2014. we progressed on our expansion projects and achieved 76% increase in underground mine development, an investment for the future. we began underground stopping operations at Rampura Agucha and Kayad mines and ramped up production at Zawar mines. The commissioning of the new roaster at dariba provided stability and reliability to our zinc smelting operations. Safety The health and safety of our employees, contractors and communities is core to our values. The total recorded injuries this year has reduced by 13% as compared to last year. However, I regret to report that we had four fatalities during the year. In our quest to prevent all injuries and achieve our objective of zero harm, we have started a four-year programme for Safety Cultural Transformation with a leading global safety consultant. ''Aarohan'', the name given for this journey, appropriately means ''stepping up'' towards safety excellence. Corporate Social Responsibility we have a deep rooted commitment to corporate social responsibility and our projects have been appreciated at all levels. our CSR activities are largely focused in the vicinity of our operations. we touch over 500,000 lives through our social programmes to help solve societal challenges and create opportunities for the underprivileged. during the year, vedanta Heart Hospital in udaipur was upgraded to provide world-class cardiac treatment to the underprivileged. we also commissioned the first sewage treatment plant in Udaipur, which will address the problem of untreated sewage flowing into the city''s lakes. Inclusive of this project and many of our ongoing activities, we spent over Rs.90 Crores though we still have some way to go before we reach the desired threshold of 2% of the profits. Way forward The ongoing transformation to an underground mining company gives us a sustained platform from which to deliver industry-leading performance. I look forward to the future with renewed optimism. warm Regards, agnivesh agarwal Chairman