This Vedanta subsidiary's shares surge 4% ahead of June 11 board meeting to consider interim dividend

Shares of
Hindustan Zinc
rose 4% on Monday to close at Rs 522.40 on the BSE, as
investor sentiment
turned upbeat ahead of the company's scheduled
board meeting
on June 11, 2025, to consider and approve the first
interim dividend
for the financial year 2025–26.
'Pursuant to Regulation 29 of SEBI Listing Regulations, Notice is hereby given that the Board of Directors of the Company ('Board') on Wednesday, June 11, 2025, will consider and approve the first Interim Dividend on equity shares, if any, for the Financial Year 2025-26,' the company informed to the stock exchanges via a regulatory filing.
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by Taboola
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In an earlier regulatory filing, the
Vedanta Group subsidiary
announced that its board will meet on Wednesday to decide on the interim dividend, if any, on equity shares.
The company also stated that June 17, 2025, has been fixed as the record date for determining the eligibility of shareholders to receive the dividend, if declared.
Further, in line with SEBI's insider trading regulations, Hindustan Zinc has closed its trading window for designated persons from June 9 to June 13, 2025, both days inclusive, ahead of the board deliberations.
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Also read:
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Hindustan Zinc dividend history
Over the past 12 months, Hindustan Zinc Ltd. has announced a total equity dividend of Rs 19 per share. Based on the current
share price
of Rs 517, this translates to a
dividend yield
of 3.68%.
Hindustan Zinc share price performance
The shares of Hindustan Zinc have declined 24.25% over the past 1 year, despite showing a 17.31% gain year-to-date (YTD). In the last 6 months, the stock has moved up by 2.89%, while the 3-month return stands at 21.47%. Notably, the stock has surged 27.70% in the last 1 month, indicating strong short-term momentum.
(
Disclaimer
: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

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