Hindustan Zinc shares advance 3%, stock jumps 15% in 1 month; key updates for market participants

Shares of Hindustan Zinc (HZL) traded 3% higher in the afternoon deals on Monday, August 24. The stock jumped as much as 3.12% to hit a high of ₹613.5 on the NSE.

Data show that the stock has gained over 7.3% in the past five sessions, and 14% over the past one month.

Last week, the Vedanta group firm said that it had raised the share of green energy in its current overall power consumption to 22%, up from approximately 18% in FY2025-26.

The company is progressing towards meeting approximately 70% of its overall power requirements through renewable energy by FY2027-28, it said.

Across its business units in Rajasthan and Uttarakhand, Hindustan Zinc has continued to strengthen its renewable power generation capabilities. During FY'26, the company generated 892 million units of green power, compared with 632 million units in FY'25.

The increase in green power generation, along with renewable power procurement, has contributed to the steady growth of renewable energy in the company's overall power mix, the company said in a filing to BSE.

"The company is progressing towards its ambition of sourcing 70% of its total electricity requirements from renewable sources by FY28," it said in a statement.

To support this target, Hindustan Zinc expanded its round-the-clock renewable energy power delivery agreement with Serentica Renewables from 450 MW to 530 MW.

In addition, Hindustan Zinc is advancing its energy transition by upgrading power connectivity from the state transmission network to the central transmission utility, alongside implementing innovative in-house projects that support a cleaner, more resilient and energy-efficient future.

Key initiatives include enhancing waste heat recovery boiler steam turbine generation through efficiency improvements and harnessing renewable energy through floating solar installations on water ponds.

"With renewable power now accounting for 22% of our power consumption and our ambition to take this to 70% by FY28, we are demonstrating that clean energy is not simply a decarbonization lever; it is fundamental to creating a more resilient, competitive and responsible business," the company's CEO Amarendu Prakash said.

Hindustan Zinc Q1 FY27 earnings

Vedanta group firm Hindustan Zinc Ltd (HZL) reported over two-fold jump in consolidated net profit to ₹5,469 crore for the quarter ended June 30, 2026 (Q1 FY27) on the back of higher metal prices, and increased metal production.

The company had posted a net profit of ₹2,234 crore in the corresponding quarter of the previous fiscal.

"During the quarter, net profit stood at ₹5,469 crore, up 145% YoY," HZL said in a regulatory filing.

The revenue of HZL rose by 71.6% to ₹13,033 crore during the first quarter over $7,591 crore in the year-ago period.

The revenue from operations rose "driven by higher metal prices, increased metal production, lead concentrate sale, higher by-product realisation, and a stronger dollar," HZL said.

The board also appointed former SAIL Chairman and Managing Director Amarendu Prakash as the Chief Executive Officer and Whole-time Director of Hindustan Zinc with effect from August 1, 2026.

The company further said that Amit Gupta has assumed the role of Chief Financial Officer of Hindustan Zinc Ltd with effect from June 1.

"Our debottlenecking initiatives continue to enhance refined metal production and reinforce our position as one of the world's lowest-cost zinc producers. As demand for zinc continues to be driven by infrastructure and the energy transition, we remain committed to delivering responsible growth and long-term value for our stakeholders," company's Chief Executive Officer Arun Misra said.

Hindustan Zinc: Next phase of growth

in June 2026, Hindustan Zinc Chairperson Priya Agarwal Hebbar said technology will be crucial to the company's next phase of growth, with increased investments in automation, artificial intelligence, advanced analytics, and intelligent mining systems to improve productivity, precision, and safety.

"Our ambition is to become a future-ready energy transition company, building strength across multiple metals and critical minerals that support India's industrial growth and strengthen global supply chains," she said while addressing shareholders at the company's 60th Annual General Meeting (AGM).

The company is positioning itself for the next phase of the global energy transition by expanding beyond zinc and foraying into critical minerals, downstream manufacturing and technology-led mining, according to the Chairperson.