Business • Jun 17, 2025

Vedanta's Hindustan Zinc announces ₹12,000 crore expansion

Hindustan Zinc (part of Vedanta) just greenlit a massive ₹12,000 crore investment to ramp up its production of zinc, lead, and silver.
The goal? Double their output by adding 250 kilo tons per year over the next three years—right as global demand for these metals is heating up.

TL;DR

Stock dipped over 5% as it traded ex-dividend

This expansion isn't just about bigger numbers. MD Arun Misra says it'll help India become more self-reliant in key metals and boost value for everyone involved.
Fun fact: Hindustan Zinc's profits jumped 47% this past quarter—but even with strong results and a ₹10/share dividend, the stock dipped over 5% as it traded ex-dividend.