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The latest announcement is out from Hindustan Zinc Limited ( (IN:HINDZINC) ).
Hindustan Zinc Limited has announced an update regarding a legal matter involving its parent company, Vedanta Limited. The Orissa High Court has stayed a demand from the State Pollution Control Board, Odisha, which required Vedanta to pay a substantial environmental compensation for alleged improper disposal of fly ash. Vedanta is optimistic about a favorable legal outcome, which could have significant implications for its financial obligations and environmental compliance standing.
More about Hindustan Zinc Limited
Hindustan Zinc Limited operates in the mining industry and is a leading producer of zinc, lead, and silver. The company is a subsidiary of Vedanta Limited and focuses on the extraction and processing of zinc ore, primarily serving the Indian market.
YTD Price Performance: -0.97%
Average Trading Volume: 136,120
Current Market Cap: 1858.9B INR
See more insights into HINDZINC stock on TipRanks’ Stock Analysis page.