Hindustan Zinc Limited has informed the Exchange about Rumour Verification - Regulation 30(11)
HINDZINC · price
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On the reaction day the stock moved 0.1 pts less than Nifty 100 and 1.0 pts less than its Non - Ferrous Metals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Hindustan Zinc has responded to a clarification request from BSE and NSE regarding a cnbctv18.com news report that triggered an 8% fall in Vedanta and HZL shares. The article cited a short seller alleging 'material discrepancies' in the company's financials. The company stated it has already filed a separate intimation on this matter (letter HZL/2025-26/SECY/41). It reiterated its commitment to complying with SEBI's listing and disclosure regulations and to keeping exchanges informed of any material information.
The stock is under short-term pressure due to the short-seller allegations. Investors should look out for the company's earlier detailed intimation and any further official response addressing the specific financial discrepancy claims, as this could drive near-term price action.