HIND ZINC SHARE PRICE TARGET 2024, 2025, 2026 TO 2030

Investors are constantly searching for attractive stocks that have the potential to generate large returns due to the constantly shifting market trends. One such business that has attracted the interest of many investors is Hind Zinc Ltd. The business appears to be on a stable growth trajectory with a great track record of sales and profit growth over the previous five years.

In this article, we will examine Hind Zinc’s financial performance in greater detail and determine whether it is a worthwhile stock to purchase. The share price objective for 2024 to 2030 will also be looked at, as well as whether it can reach 1000 INR by 2025. So, buckle up and come along on this educational voyage with us.

How to Purchase Hind Zinc Shares in India?

Below are the trading platforms that you can use to purchase Hind Zinc shares:

➤ Zerodha

➤ Upstox

➤ Groww

➤ AngelOne

➤ ICICIDirect

Hind Zinc Share Price Prediction: 2024 – 2030

Hind Zinc Share Price Target 2024

When Maximum Price Minimum Price
May 2024 616.68 536.24
June 2024 638.88 555.55
July 2024 632.49 549.99
August 2024 657.79 571.99
September 2024 684.10 594.87
October 2024 670.69 583.21
November 2024 690.81 600.70
December 2024 708.08 615.72

Hind Zinc’s share price outlook for 2024 shows potential growth, with projected highs between 616.68 and 708.08 by December.

Finances rule
The company’s market cap stands at ₹2,41,393 Cr., with a current price of ₹571 (as of 16th May, 2024), reflecting a P/E ratio of 31.1.

Hind Zinc Share Price Target 2025

When Maximum Price Minimum Price
January 2025 722.24 555.57
February 2025 740.76 569.82
March 2025 769.65 592.04
April 2025 754.56 580.43
May 2025 732.58 563.52
June 2025 765.55 588.88
July 2025 750.54 577.34
August 2025 773.75 595.19
September 2025 800.83 616.02
October 2025 821.65 632.04
November 2025 842.19 647.84
December 2025 863.25 664.04

Hind Zinc Share Price Target 2026

When Maximum Price Minimum Price
January 2026 889.15 683.96
February 2026 911.94 701.50
March 2026 947.51 728.85
April 2026 928.93 714.56
May 2026 901.88 693.75
June 2026 942.46 724.97
July 2026 923.98 710.75
August 2026 952.56 732.74
September 2026 985.90 758.38
October 2026 1,011.53 778.10
November 2026 1,036.82 797.55
December 2026 1,062.74 817.49

Hind Zinc Share Price Target 2027

When Maximum Price Minimum Price
January 2027 1,083.99 833.84
February 2027 1,111.79 855.22
March 2027 1,155.15 888.58
April 2027 1,132.50 871.15
May 2027 1,099.51 845.78
June 2027 1,148.99 883.84
July 2027 1,126.46 866.51
August 2027 1,161.30 893.31
September 2027 1,201.95 924.57
October 2027 1,233.20 948.61
November 2027 1,264.03 972.33
December 2027 1,295.63 996.64

Hind Zinc Share Price Target 2028

When Maximum Price Minimum Price
January 2028 1,321.54 1,016.57
February 2028 1,355.43 1,042.63
March 2028 1,408.29 1,083.30
April 2028 1,380.67 1,062.06
May 2028 1,340.46 1,031.12
June 2028 1,400.78 1,077.52
July 2028 1,373.31 1,056.40
August 2028 1,415.79 1,089.07
September 2028 1,465.34 1,127.18
October 2028 1,503.44 1,156.49
November 2028 1,541.03 1,185.40
December 2028 1,579.55 1,215.04

Hind Zinc Share Price Target 2029

When Maximum Price Minimum Price
January 2029 1,611.14 1,239.34
February 2029 1,652.45 1,271.12
March 2029 1,716.90 1,320.69
April 2029 1,683.23 1,294.80
May 2029 1,634.21 1,257.08
June 2029 1,707.75 1,313.65
July 2029 1,674.26 1,287.89
August 2029 1,726.04 1,327.73
September 2029 1,786.45 1,374.20
October 2029 1,832.90 1,409.93
November 2029 1,878.73 1,445.17
December 2029 1,925.69 1,481.30

Hind Zinc Share Price Target 2030

When Maximum Price Minimum Price
January 2030 1,964.21 1,510.93
February 2030 2,014.57 1,549.67
March 2030 2,093.14 1,610.11
April 2030 2,052.10 1,578.54
May 2030 1,992.33 1,532.56
June 2030 2,081.98 1,601.53
July 2030 2,041.16 1,570.12
August 2030 2,104.29 1,618.68
September 2030 2,177.94 1,675.34
October 2030 2,234.56 1,718.90
November 2030 2,290.43 1,761.87
December 2030 2,347.69 1,805.92

Financial Condition of Hind Zinc: Last 5 years

2019 2020 2021 2022 2023
Sales (Rs. Crores) 21,118 18,561 22,629 29,440 34,098
Expenses (Rs. Crores) 10,448 9,691 10,957 13,214 16,577
Operating Profit (Rs. Crores) 10,670 8,870 11,672 16,226 17,521
OPM (%) 51% 48% 52% 55% 51%
Other Income (Rs. Crores) 1,782 1,911 1,819 1,082 1,373
Interest (Rs. Crores) 113 112 386 290 333
Depreciation (Rs. Crores) 1,883 2,279 2,531 2,917 3,264
Profit before Tax (Rs. Crores) 10,456 8,390 10,574 14,101 15,297
Tax % 24% 19% 25% 32% 31%
Net Profit (Rs. Crores) 7,956 6,805 7,980 9,630 10,520
EPS (Rs.) 18.83 16.11 18.89 22.79 24.90
Dividend Payout (%) 106% 102% 113% 79% 303%

Examining Hindustan Zinc’s financial performance from 2019 to 2023 reveals a consistent upward trend in sales, reaching ₹34,098 Crores by 2023. Despite varying expenses, the company maintained a robust operating profit margin, showcasing resilience and strategic financial management. Net profits increased from ₹7,956 Crores in 2019 to ₹10,520 Crores in 2023. With earnings per share climbing steadily, the dividend payout ratio fluctuated notably, reaching 303% in 2023, indicating a shareholder-friendly approach.

Motilal Oswal on Hindustan Zinc Share Price Target

Motilal Oswal has issued a buy rating on Hindustan Zinc, projecting a target price of Rs 370 according to their research report dated April 19, 2024.

FAQS

What is the current share price of Hind Zinc?

As of May 16th, 2024, the current share price of Hindustan Zinc is ₹571.

What is the share price target of Hind Zinc for 2025?

Hind Zinc is expected to reach ₹863.25 by the end of 2025.

What is the share price target of Hind Zinc for 2030?

The Share Price target of Hind Zinc is expected to trade in a range of ₹1,510.93 to ₹2,347.69.

What are the factors affecting the Hind Zinc share price target for 2024-2030?

The Hindustan Zinc share price targets for 2024-2030 are influenced by factors such as sustained growth in sales and net profits, consistent operating profit margins, strategic financial management, earnings per share trends, and variations in the dividend payout ratio, reflecting the company’s financial performance, market sentiment, and investor-friendly approach.

Can the Hind Zinc share price reach 1000 INR by 2025?

While it’s difficult to predict the exact share price target, Hind Zinc has shown steady growth in the past and has the potential to reach 1000 INR by 2025 based on its performance and market conditions.

What is the company’s EPS trend in the last five years?

The company’s EPS trend over the last five years has exhibited a consistent and positive trajectory, increasing from ₹18.83 in 2019 to ₹24.90 in 2023.

What is the company’s dividend payout ratio in the last five years?

Hindustan Zinc’s dividend payout ratio has experienced fluctuations over the last five years, ranging from 106% in 2019 to a notable 303% in 2023.

How does Hind Zinc compare to its competitors in the industry?

Hind Zinc is a leading player in the mining and metal industry in India and has shown consistent growth in revenue and profit in the last five years.

Is investing in Hind Zinc shares a good option for long-term investment?

Investing in Hind Zinc shares can be a good option for long-term investment based on the company’s consistent financial performance and growth potential in mining.

ALSO READ:

Conclusion

Hindustan Zinc emerges as a compelling investment option, displaying a stable growth trajectory and robust financial performance over the last five years. With consistent revenue and profit growth, the company demonstrates resilience and strategic financial management.

The projected share prices from 2024 to 2030 indicate an optimistic outlook, potentially reaching 1000 INR by 2025. Despite fluctuations in the dividend payout ratio, the company’s shareholder-friendly approach and positive EPS trends make it an attractive long-term investment.

In addition to its promising growth trajectory, Hindustan Zinc’s financial condition remains robust and stable, underscored by its commitment to core values of transparency, integrity, and sustainability. The company’s consistent upward trend in sales, with revenues escalating from ₹21,118 crores in 2019 to ₹34,098 crores in 2023, reflects its strong operational performance and strategic management practices. Despite fluctuations in expenses, Hindustan Zinc has maintained a strong operating profit margin, hovering around 51% to 55% over the same period, demonstrating its ability to adapt to changing market conditions while upholding financial prudence. With a steadily increasing EPS, climbing from ₹18.83 in 2019 to ₹24.90 in 2023, and a fluctuating yet substantial dividend payout ratio, ranging from 102% to 303%, the company prioritizes delivering value to its shareholders while reinvesting in the business for sustainable growth. Moreover, Hindustan Zinc’s prudent financial management positions it well to capitalize on emerging opportunities and navigate potential challenges in the dynamic market landscape, thereby reinforcing its reputation as a trusted leader in the mining sector.

Financesrule telegram

Author: Neelam KushwahaNeelam Kushwaha is a Bachelor's student in Computer Science at Hansraj College with a keen interest in finance and the stock market. She is a senior editor at Financesrule, where she shares her insights and expertise in researching stock price predictions. Neelam's analytical skills and unique perspectives make her a valuable asset to the financial community. In her free time, she enjoys reading and traveling.

Leave a Reply