Metal sector has witnessed sharp volatility over the past three weeks, largely driven by the ongoing tariff tensions between the US and China.
The NCLT’s Jaipur bench issued the order on July 16, permitting the reclassification and transfer of funds from general reserves to retained earnings. As of March 31, 2024, Hindustan Zinc had total reserves of Rs 14,350 crore and a total debt of Rs 8,722 crore.