Vedanta Limited (NSE: VEDL), the Indian multinational critical minerals, energy, and technology conglomerate, has reported record-breaking results for Q2 and H1 ending September 30, 2024. The company achieved its highest-ever first-half EBITDA, reaching $2.47 billion—an impressive 46% year-over-year increase. Vedanta’s Q2 consolidated revenue hit $4.4 billion, marking a 5% quarter-over-quarter and a 10% year-over-year rise, […]
Vedanta Limited’s shares have captured significant attention in the stock market after ICRA, one of India’s leading credit rating agencies, upgraded its long-term credit rating from AA- to AA. The upgrade reflects an anticipated improvement in Vedanta’s credit profile and financial stability, fueled by aggressive fundraising and strategic deleveraging efforts. Following the upgrade, Vedanta shares […]
In a transformative development for the energy storage sector, Hindustan Zinc Limited and the Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR) have forged a strategic partnership to advance zinc-based battery technologies. This collaboration is set to bring about a significant shift in energy storage solutions by focusing on the development of affordable, durable, and […]
Hindustan Zinc Limited (BSE: 500188; NSE: HINDZINC), renowned as India’s largest and the world’s second-largest integrated zinc producer, has launched EcoZen, its pioneering low carbon ‘green’ zinc brand. This groundbreaking product, now available globally, positions Hindustan Zinc at the forefront of sustainable mining practices, aligning with its commitment to environmental responsibility. EcoZen: A Leap Towards […]
Hindustan Zinc Limited (HZL), a global leader in zinc, lead, and silver production, headquartered in Udaipur, has disclosed its financial and operational performance for the fourth quarter and the full fiscal year ended March 31, 2024. The company celebrated a year of record metal and silver production, underpinned by significant cost resilience, despite facing downward […]
Vedanta Limited, India’s leading diversified natural resources powerhouse with a substantial global presence, has unveiled an ambitious plan to demerge its business units into distinct “pure play” companies. This strategic move aims to unlock inherent value within each business segment and attract substantial investments for expansion and growth. Vedanta’s unwavering commitment to top-notch Environmental, Social, […]
Vedanta’s subsidiary Hindustan Zinc Limited, an India-based mining and resources producer of zinc, lead, cadmium, and silver has incorporated a fully-owned subsidiary called Hindustan Zinc Alloys Private Limited. Hindustan Zinc Alloys will carry out the business of smelting, melting and casting in India and elsewhere. Its operations will include the beneficiation of minerals, mineral dressing, […]
