#MetalIndustry
Hindustan Zinc's ₹12,000 Crore Expansion Plan Met with Over 4% Stock Drop
Sarfraz Khan
3 minutes read
Hindustan Zinc's shares plummeted over 4% today after its board approved a massive ₹12,000 crore investment to double zinc, lead, and silver capacity. Despite the ambitious growth plan, investors reacted cautiously to the significant capital outlay, signalling short-term concerns.