Hindustan Zinc shares rose after Q4FY25 EBITDA beat estimates, driven by strong volumes and lower production costs. Nuvama cut the stock’s target price slightly, citing lower volume growth expectations. Meanwhile, Hindustan Zinc is expanding beyond zinc, lead, and silver into potash, gold, tungsten, and critical minerals, with an eye on lithium prospects in Rajasthan.
Lenders may turn to OFCB route to raise more funds abroad
Indian banks are now shifting focus towards borrowing in overseas foreign currencies to meet their fundraising requirements. This strategic pivot comes in light of an