Shares of Hindustan Zinc rose nearly eight% touching to Rs. 236, after worldwide research firm Citi maintained buy call at the stock and raised the goal fee to Rs. 240 from Rs. 205 consistent with proportion in advance. Citi believes that the enterprise has in large part tended to transport in tandem with zinc LME and has a bullish view on silver. Strong dividend yield expectations augur properly as in line with file.
It raised FY21-23 EBITDA Estimates by nine-18%.
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