HighPositive
Announced Mon, 27 Jul · 09:31 IST

Hindustan Zinc shares gain 2% as Q1 net profit soars 145% YoY. Should you buy, sell or hold?

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Hindustan Zinc reported a strong Q1 FY27 with net profit soaring 145 percent year-on-year to Rs 5,469 crore and revenue jumping 77 percent YoY to Rs 13,747 crore. Net profit margin expanded to 40 percent from 29 percent YoY, while operating margin rose to 52 percent and net worth more than doubled to Rs 23,587 crore. Brokerages were largely bullish with Nuvama (Buy, target Rs 700) and JM Financial (Buy, target Rs 660) seeing further upside, while Motilal Oswal maintained a Neutral stance (target Rs 570) citing full valuations. The company also named Amarendu Prakash as its new CEO.