Vedanta-Owned Hindustan Zinc Declared ‘Preferred’ Bidder For Mineral Blocks in Rajasthan, UP; Stock Up 2%

Hindustan Zinc on Wednesday announced that it has been declared a preferred bidder for mineral blocks under the 'Critical Mineral Auction Tranche' for sites in Rajasthan and Uttar Pradesh.

Hindustan Zinc shares were trading 0.8% higher at Rs 454 per share on BSE on Wednesday at 1:30 pm. Hindustan Zinc's market capitalisation stood at Rs 1,92,209.76 crore. The company stock had touched a 52-week-high mark of Rs 1,92,209.76 crore. The company scrip had dipped to a 52-week low of Rs 378 per share on 3 March 2025 and is currently recovering from its mark.

Hindustan Zinc Declared Preferred Bidder For Mineral Auction

Vedanta-owned Hindustan Zinc on Wednesday announced that it has been declared a preferential bidder for the Jhandawali-Satipura Amalgamated Potash and Halite Block of Rajasthan and Nawatola-Laband REE Block of Uttar Pradesh. According to Hindustan Zinc's BSE filing, the company had participated in the live e-auction for grant of the stated Composite Licences vis the e-auction portal.

The company became a preferential bidder after announcing the highest Final Price Offer of 03.05% for Rajasthan's Jhandawali - Satipura Amalgamated Potash and Halite Block. The company had made a final price offer of 3.55% for the Nawatola-Laband REE Block of the Uttar Pradesh project.

"The Jhandawali - Satipura Amalgamated Potash and Halite Block is at G3 level of exploration with total area of 1841.22 hectares for the block, and Nawatola-Laband REE Block is at G3 level of exploration with total area of 201.01 hectares for the block," read Hindustan Zinc's BSE filing.

Hindustan Zinc would be able to secure the grant for these mines after making the necessary payments of Performance Bank Guarantee, completion of other terms and conditions of the tender document, and getting necessary approvals, permissions and clearances from concerned government departments.

Hindustan Zinc Q4 Result

Vedanta-owned Hindustan Zinc reported its second-best profit after tax (PAT) of Rs 10,353 crore, which was 33% higher than the profit reported in the same period a year ago period. Its revenue increased nearly 18% YoY to Rs 34,083 crores and EBITDA stood at Rs 17,465 crores during the quarter under review.

The company registered the highest ever Return on Capital Employed and generated strong free cash flow from operations (pre capex) of ₹ 13,784 crores.

The Udaipur-headquartered company had reported a historic high production of mined metal of 1,095 kt and refined metal of 1,052 kt during the quarter under review. As per the company's press release, it registered the highest ever domestic zinc sales of 603 kt with a market share of 77% and a significant increase in value-added products. Hindustan Zinc also surpassed 13.1 Mt metal reserves (net of 1.2 Mt production) for the first time.

Hindustan Zinc Share Price Trend

Hindustan Zinc shares opened at Rs 452 per share and touched an intraday high mark of Rs 457 apiece on BSE on Wednesday. The company stock value has increased by 2.4% year to date (YTD). Meanwhile, its stock value has declined 36.42% in one year.