Investors are constantly searching for attractive stocks that have the potential to generate large returns due to the constantly shifting market trends. One such business that has attracted the interest of many investors is Hind Zinc Ltd. The business appears to be on a stable growth trajectory with a great track record of sales and profit growth over the previous five years.
In this article, we will examine Hind Zinc’s financial performance in greater detail and determine whether it is a worthwhile stock to purchase. The share price objective for 2024 to 2030 will also be looked at, as well as whether it can reach 1000 INR by 2025. So, buckle up and come along on this educational voyage with us.
Below are the trading platforms that you can use to purchase Hind Zinc shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| June 2024 | 716.04 | 622.64 |
| July 2024 | 708.88 | 616.42 |
| August 2024 | 737.23 | 641.07 |
| September 2024 | 766.72 | 666.72 |
| October 2024 | 751.69 | 653.64 |
| November 2024 | 774.24 | 673.25 |
| December 2024 | 793.60 | 690.08 |
Hind Zinc, with a market cap of ₹2,80,139 Cr. and a current price of ₹663 as of June 25, 2024, is projected to reach a maximum of ₹793.60 and a minimum of ₹622.64 by December 2024. The stock, having a high/low of ₹808/285, a P/E of 36.0, and a book value of ₹36.0, shows a positive trend.
| When | Maximum Price | Minimum Price |
| January 2025 | 809.47 | 622.67 |
| February 2025 | 830.22 | 638.63 |
| March 2025 | 862.60 | 663.54 |
| April 2025 | 845.69 | 650.53 |
| May 2025 | 821.06 | 631.58 |
| June 2025 | 858.01 | 660.00 |
| July 2025 | 841.18 | 647.06 |
| August 2025 | 867.20 | 667.08 |
| September 2025 | 897.55 | 690.42 |
| October 2025 | 920.89 | 708.37 |
| November 2025 | 943.91 | 726.08 |
| December 2025 | 967.51 | 744.24 |
Hind Zinc’s share price is projected to reach a maximum of ₹967.51 and a minimum of ₹622.67 in 2025, reflecting continued growth and positive market trends.
| When | Maximum Price | Minimum Price |
| January 2026 | 996.53 | 766.56 |
| February 2026 | 1,022.08 | 786.22 |
| March 2026 | 1,061.94 | 816.88 |
| April 2026 | 1,041.12 | 800.86 |
| May 2026 | 1,010.80 | 777.54 |
| June 2026 | 1,056.28 | 812.53 |
| July 2026 | 1,035.57 | 796.59 |
| August 2026 | 1,067.60 | 821.23 |
| September 2026 | 1,104.97 | 849.97 |
| October 2026 | 1,133.70 | 872.07 |
| November 2026 | 1,162.04 | 893.88 |
| December 2026 | 1,191.09 | 916.22 |
In 2026, Hind Zinc’s share price is projected to peak at ₹1,191.09 and dip to ₹766.56, indicating robust growth and strong market performance.
| When | Maximum Price | Minimum Price |
| January 2027 | 1,214.91 | 934.55 |
| February 2027 | 1,246.06 | 958.51 |
| March 2027 | 1,294.66 | 995.89 |
| April 2027 | 1,269.27 | 976.36 |
| May 2027 | 1,232.30 | 947.93 |
| June 2027 | 1,287.76 | 990.58 |
| July 2027 | 1,262.51 | 971.16 |
| August 2027 | 1,301.55 | 1,001.20 |
| September 2027 | 1,347.11 | 1,036.24 |
| October 2027 | 1,382.13 | 1,063.18 |
| November 2027 | 1,416.69 | 1,089.76 |
| December 2027 | 1,452.10 | 1,117.00 |
In 2027, Hind Zinc’s share price is expected to reach a maximum of ₹1,452.10 and a minimum of ₹934.55, highlighting significant growth and strong market potential.
| When | Maximum Price | Minimum Price |
| January 2028 | 1,481.15 | 1,139.34 |
| February 2028 | 1,519.12 | 1,168.56 |
| March 2028 | 1,578.37 | 1,214.13 |
| April 2028 | 1,547.42 | 1,190.32 |
| May 2028 | 1,502.35 | 1,155.65 |
| June 2028 | 1,569.96 | 1,207.66 |
| July 2028 | 1,539.17 | 1,183.98 |
| August 2028 | 1,586.78 | 1,220.60 |
| September 2028 | 1,642.31 | 1,263.32 |
| October 2028 | 1,685.01 | 1,296.16 |
| November 2028 | 1,727.14 | 1,328.57 |
| December 2028 | 1,770.32 | 1,361.78 |
| When | Maximum Price | Minimum Price |
| January 2029 | 1,805.72 | 1,389.02 |
| February 2029 | 1,852.02 | 1,424.63 |
| March 2029 | 1,924.25 | 1,480.20 |
| April 2029 | 1,886.52 | 1,451.17 |
| May 2029 | 1,831.58 | 1,408.90 |
| June 2029 | 1,914.00 | 1,472.31 |
| July 2029 | 1,876.47 | 1,443.44 |
| August 2029 | 1,934.50 | 1,488.08 |
| September 2029 | 2,002.21 | 1,540.16 |
| October 2029 | 2,054.27 | 1,580.21 |
| November 2029 | 2,105.62 | 1,619.71 |
| December 2029 | 2,158.27 | 1,660.20 |
| When | Maximum Price | Minimum Price |
| January 2030 | 2,201.43 | 1,693.41 |
| February 2030 | 2,257.88 | 1,736.83 |
| March 2030 | 2,345.93 | 1,804.57 |
| April 2030 | 2,299.94 | 1,769.18 |
| May 2030 | 2,232.95 | 1,717.65 |
| June 2030 | 2,333.43 | 1,794.95 |
| July 2030 | 2,287.68 | 1,759.75 |
| August 2030 | 2,358.43 | 1,814.18 |
| September 2030 | 2,440.97 | 1,877.67 |
| October 2030 | 2,504.44 | 1,926.49 |
| November 2030 | 2,567.05 | 1,974.65 |
| December 2030 | 2,631.23 | 2,024.02 |
Financial Condition of Hind Zinc: Last 5 years
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Sales | 21,118 | 18,561 | 22,629 | 29,440 | 34,098 | 28,934 |
| Expenses | 10,448 | 9,691 | 10,957 | 13,214 | 16,577 | 15,273 |
| Operating Profit | 10,670 | 8,870 | 11,672 | 16,226 | 17,521 | 13,661 |
| OPM % | 51% | 48% | 52% | 55% | 51% | 47% |
| Other Income | 1,782 | 1,911 | 1,819 | 1,082 | 1,373 | 1,103 |
| Interest | 113 | 112 | 386 | 290 | 333 | 955 |
| Depreciation | 1,883 | 2,279 | 2,531 | 2,917 | 3,264 | 3,466 |
| Profit before tax | 10,456 | 8,390 | 10,574 | 14,101 | 15,297 | 10,343 |
| Tax % | 24% | 19% | 25% | 32% | 31% | 25% |
| Net Profit | 7,956 | 6,805 | 7,980 | 9,630 | 10,520 | 7,787 |
| EPS in Rs | 18.83 | 16.11 | 18.89 | 22.79 | 24.90 | 18.43 |
| Dividend Payout % | 106% | 102% | 113% | 79% | 303% | 0% |
Over the last five years, Hind Zinc has shown fluctuating financial performance. Sales increased from ₹21,118 crores in March 2019 to a peak of ₹34,098 crores in March 2023, before dropping to ₹28,934 crores in March 2024. Operating profits followed a similar trend, rising from ₹10,670 crores in 2019 to ₹17,521 crores in 2023, and then falling to ₹13,661 crores in 2024, reflecting the operating profit margins (OPM) which varied from 51% to 55%.
Despite this volatility, the company’s net profit reached its highest at ₹10,520 crores in 2023, before declining to ₹7,787 crores in 2024. The EPS followed suit, peaking at ₹24.90 in 2023 and decreasing to ₹18.43 in 2024. Notably, the dividend payout ratio saw a significant jump to 303% in 2023 before dropping to 0% in 2024, indicating a strategic shift in dividend policy
Anand Rathi has issued a buy call on Hindustan Zinc Ltd., targeting a price of ₹890, with the current market price at ₹689.75
FAQS
As of June 25, 2024, the current share price of Hindustan Zinc is ₹663.
Hind Zinc is expected to reach ₹967.51 by the end of 2025.
The Share Price target of Hind Zinc is expected to trade in a range of ₹1,693.41 to ₹2,631.23.
The Hindustan Zinc share price targets for 2024-2030 are influenced by factors such as sustained growth in sales and net profits, consistent operating profit margins, strategic financial management, earnings per share trends, and variations in the dividend payout ratio, reflecting the company’s financial performance, market sentiment, and investor-friendly approach.
While it’s difficult to predict the exact share price target, Hind Zinc has shown steady growth in the past and has the potential to reach 1000 INR by 2025 based on its performance and market conditions.
How does Hind Zinc compare to its competitors in the industry?
Hind Zinc is a leading player in the mining and metal industry in India and has shown consistent growth in revenue and profit in the last five years.
Investing in Hind Zinc shares can be a good option for long-term investment based on the company’s consistent financial performance and growth potential in mining.
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Conclusion
Hindustan Zinc emerges as a compelling investment option, displaying a stable growth trajectory and robust financial performance over the last five years. With consistent revenue and profit growth, the company demonstrates resilience and strategic financial management.
The projected share prices from 2024 to 2030 indicate an optimistic outlook, potentially reaching 1000 INR by 2025. Despite fluctuations in the dividend payout ratio, the company’s shareholder-friendly approach and positive EPS trends make it an attractive long-term investment.
In addition to its promising growth trajectory, Hindustan Zinc’s financial condition remains robust and stable, underscored by its commitment to core values of transparency, integrity, and sustainability. The company’s consistent upward trend in sales, with revenues escalating from ₹21,118 crores in 2019 to ₹34,098 crores in 2023, reflects its strong operational performance and strategic management practices. Despite fluctuations in expenses, Hindustan Zinc has maintained a strong operating profit margin, hovering around 51% to 55% over the same period, demonstrating its ability to adapt to changing market conditions while upholding financial prudence. With a steadily increasing EPS, climbing from ₹18.83 in 2019 to ₹24.90 in 2023, and a fluctuating yet substantial dividend payout ratio, ranging from 102% to 303%, the company prioritizes delivering value to its shareholders while reinvesting in the business for sustainable growth. Moreover, Hindustan Zinc’s prudent financial management positions it well to capitalize on emerging opportunities and navigate potential challenges in the dynamic market landscape, thereby reinforcing its reputation as a trusted leader in the mining sector.
What did we learn?
- 1 How to Buy Hind Zinc Shares in India?
- 2 Hind Zinc Share Price Prediction: 2024 – 2030
- 3 Financial Condition of Hind Zinc: Last 5 years
- 4 Anand Rathi on Hindustan Zinc Share Price Target
- 5 FAQS
- 5.1 What is the current share price of Hind Zinc?
- 5.2 What is the share price target of Hind Zinc for 2025?
- 5.3 What is the share price target of Hind Zinc for 2030?
- 5.4 What are the factors affecting the Hind Zinc share price target for 2024-2030?
- 5.5 Can the Hind Zinc share price reach 1000 INR by 2025?
- 5.6 How does Hind Zinc compare to its competitors in the industry?
- 5.7 Is investing in Hind Zinc shares a good option for long-term investment?
- 6 Conclusion
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