Brokerages are combined on Hindustan Zinc after its December quarter outcomes, with analysts cheering the corporate’s robust working efficiency, however turning cautious on wealthy share valuations.
The inventory rose 2.9% to ₹680.5 on Tuesday following the third-quarter efficiency. Worth targets from Kotak and Nuvama suggest a possible draw back of about 21% and 13%, respectively, from Tuesday’s shut, whereas Motilal Oswal’s goal suggests an upside of round 6%. HSBC and Jefferies see room for features of about 10% from present ranges.
