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Hold Hindustan Zinc: target of Rs 340: ICICI Direct

ICICI Direct recommended hold rating on Hindustan Zinc with a target price of Rs 340 in its research report dated July 23, 2021.

July 27, 2021 / 04:14 PM IST
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ICICI Direct's research report on Hindustan Zinc

Hindustan Zinc (HZL) is one of the world’s largest and India’s only integrated producer of zinc-lead and silver.World’s second largest zinc-lead miner and one of the lowest-cost producers of zinc globally HZL is the largest primary zinc producer in India, with 77% market share including alloys and 80% market share without alloys


We retain our HOLD rating on the stock  We value HZL at Rs 340 i.e. 7x FY23E EV/EBITDA


For all recommendations report, click here

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on are their own, and not that of the website or its management. advises users to check with certified experts before taking any investment decisions.

Broker Research
first published: Jul 27, 2021 04:14 pm

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