Hindustan Zinc Shares Rally Over 6%: Intend to Declare Dividend in Upcoming Board Meet

On June 9, 2025, Hindustan Zinc shares surged over 6%, extending their rally for the third consecutive session. Hindustan Zinc shares touched an intraday high of ₹532.50 on the BSE at 1:50 PM, marking a gain of 6.03%.

Hindustan Zinc has demonstrated strong price performance across multiple time frames. The stock has rallied 28% in the past month and is up 18% on a year-to-date basis. While it has declined 28% over the past year, the long-term trajectory remains impressive, with a 75% gain in two years and a multi-bagger return of 203% over the past 5 years.

Board Meeting Scheduled to Consider Interim Dividend

As per the exchange filing, Hindustan Zinc— a subsidiary of mining major Vedanta—announced that its board of directors will meet on June 11, 2025, to consider the declaration of an interim dividend. This upcoming meeting has generated excitement among shareholders, who are eyeing potential payouts amid the company’s solid financial performance.

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Dividend Record Date

In a regulatory filing, the company also disclosed the record date for dividend eligibility, which has been set for Tuesday, June 17, 2025. This is the date on which shareholders must be listed on the company’s books to qualify for receiving the dividend, if declared.

“Please note that the record date for the purpose of determining the entitlement of the equity shareholders for the said dividend, if declared, is being fixed as Tuesday, June 17, 2025,” the company stated.

Crisil Reaffirms Top-Tier Credit Ratings

In a separate development, Crisil Ratings reaffirmed Hindustan Zinc’s strong credit profile, maintaining its ‘Crisil AAA/Stable’ rating for long-term bank facilities and ‘Crisil A1+’ for short-term instruments. Crisil cited the company’s robust capital structure, healthy liquidity, and dominant domestic market position as key factors supporting the ratings.

“Hindustan Zinc will continue to benefit from its favourable capital structure and healthy liquidity, driven by dominant position in the domestic market, high cash flow from the core business, and efficient and integrated operations,” the agency noted.

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