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Hindustan Zinc is expected to post a 20% year-on-year (YoY) reduction in net profit for the March quarter due to flat sales due to reduced commodity prices, according to brokerages ahead of the companyu2019s quarterly results on Friday. All eyes will be on the management commentary on Zinc Internationalu2019s merger with Hindustan Zinc.
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HOME CAMPAIGNS DIGITAL MEDIA MARKETING STARTUPS ECONOMIC MARKETS FUND RAISING Top Stories Tic Tac Collaborates with Yashraj Mukhate to Launch the #TicTacLife Campaign Hindustan Zinc shares are under focus ahead of the company’s 4th Q Earnings on Friday, April 2 Home - Markets - Hindustan Zinc shares are under focus ahead of the company’s 4th Q Earnings on Friday, April 2 Search here ... Latest Update RECENT POPULA R COMMO N April 20, 2023 According to a Reuters survey, India’s Economic Development is Stuck in Neutral April 20, 2023 Markets Mesa School of Business, Raises $4 Million in a Funding Round April 20, 2023 By Gurpreet Kaur 51 mins ago 0 10 1 minute read April 20, 2023 Facebook Twitter Hindustan Zinc shares are under focus ahead of the company’s 4th Q Earnings on Friday, April 2 Hindustan Zinc is expected to post a 20% year-on-year (YoY) reduction in net pro?t for the March quarter due to ?at sales due to reduced commodity prices, according to brokerages ahead of the company’s quarterly results on Friday. All eyes will be on the management commentary on Zinc International’s merger with Hindustan Zinc. At 12 p.m., the stock was trading 0.74 per cent higher on the BSE, at Rs 327. The stock is down year to date. The Anil Agarwal Company will hold an earnings call following the release of the March quarter results on Friday at 4 p.m. (IST). April 20, 2023 Goosebumps Brand Solutions Under Original Founders’ Leadership Expert Sayings According to Phillip Capital, Hindustan Zinc may record a March quarter pro?t of Rs 2,349.60 crore, a 19.8 per cent decrease from the previous year’s pro?t of Rs 2,928 crore. Revenue is expected to fall 3% year on year to Rs 8,530 crore, down from Rs 8,797 crore in the previous quarter. Most Viewed Ebitda margin is expected to be 48.5 per cent, up from 47.1 per cent in December and 56.4 per cent in the previous quarter. Zinc volumes could rise by 2% sequentially, while zinc LME rose by 4%. Lower electricity costs may reduce production expenses. “Overall margins will improve,” Phillip Capital predicted. February 15, 2023 Adani Group equities are the Subject of This Week ECONOMIC Kotak Institutional Equities anticipates zinc, lead, and silver sales volumes to rise 0.5%, 10.2%, and 12.3%, respectively, on the strength of record yearly production ?gures. It expects Ebitda to fall 16.2% year on year (up 12.2% quarter on quarter), owing mostly to reduced commodity costs. HOME CAMPAIGNS DIGITAL MEDIA MARKETING STARTUPS MARKETS March 3, 2023 This brokerage estimates Hindustan Zinc’s earnings at Rs 2,462 crore, a 16% decrease. It expects revenues to be Rs 8,625 crore, a 2% decrease. VCs’ ?xation with start-ups’ FUND RAISING
topline, says CEO of Infosys Meanwhile, MotilalOswalSecurities expects adjusted earnings to be Rs 2,765 crore, a 5.6 per cent decrease. Even so, the brokerage anticipates Hindustan Zinc sales to fall 3.9% year on year to Rs 8,455 crore. January 31, 2023 They are awaiting clarity on the merger of Zinc International Business with HZL, itstated, adding that guidance on the cost of production, realisations, and dividends are critical. IHC investment leads Adani Enterprises shares to boost by 5% You can share this post! February 20, 2023 Adani Enterprises Shares Must Increase by up to 410% to Reach their 52- week Highs Previous article Goosebumps Brand Solutions Under Original Founders’ Leadership Next article Mesa School of Business, Raises $4 Million in a Funding Round Related Articles February 27, 2023 M-cap of the Adani Group falls below the Rs 7 lakh crore threshold MARKETS MARKETS MARKETS March 3, 2023 Buy Adani Group Stocks, Advises ICICIdirect FPIs purchased and sold Nifty IT index equities… Stocks in which FPIs Increased their Holdings Despite… Sensex h points, w April 19, 2023 April 18, 2023 April 17 Most Reviews Leave a Reply RECENT POPULA R COMMO N Your email address will not be published. Required ?elds are marked * April 20, 2023 According to a Reuters survey, India’s Economic Development is Stuck in Neutral Comment * April 20, 2023 Mesa School of Business, Raises $4 Million in a Funding Round Name * Email * April 20, 2023 Hindustan Zinc shares are under focus ahead of the company’s 4th Q Earnings on Friday, April 2 POST COMMENT HOME CAMPAIGNS DIGITAL MEDIA MARKETING STARTUPS ECONOMIC MARKETS FUND RAISING Newsletter
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