Saurabh Chandrakar Latest News: Hindustan Zinc Q4 dividend

Saurabh Chandrakar Latest News: Hindustan Zinc

Saurabh Chandrakar Latest News: hindustan zinc dividend payout, hindustan zinc dividend announcement , hindustan zinc dividend 2024 record date

On Tuesday, May 7, the board of directors of Hindustan Zinc approved a final dividend of Rs 10 per equity share for FY24, with a face value of Rs 2 each, as disclosed in a stock market filing. The company also released its fourth-quarter financial results for the fiscal year 2024.

In a BSE filing, Hindustan Zinc stated, “The Board of Directors of the Company, through a resolution passed by circulation on Tuesday, May 07, 2024, approved an Interim Dividend of Rs. 10 per equity share, or 500% on the face value of Rs 2 per equity share for the Financial Year 2024-25, totaling Rs. 4,225.32 crore.”

The company also announced that the record date for the dividend is May 15, 2024.

Despite this, Hindustan Zinc’s shares fell by 4.6% on the BSE on May 7, at 12:46 PM.

Saurabh Chandrakar Analysis For Hindustan Zinc

Here is the upcoing trend for the Hindustan zinc : Find Trend, Next Level of Hindustan Zinc, Threshold and breakout Point for the stock.

Trend: Upward trend. The stock price has been increasing over time.
 
Next Level: 470.80 INR. This is the current price of the stock.

Breakout: 480 INR. This is the resistance level that the stock price needs to break above in order to continue the uptrend.

Threshold: 470.80 INR. This is the current support level. If the stock price falls below this level, it could signal a reversal of the uptrend.

It is important to note that this is just a basic analysis of the stock price and does not take into account other factors that could affect the stock price, such as company news, overall market conditions, and investor sentiment. You should always do your own research before making any investment decisions.

It is important to note that this is just an analysis of the graph and does not constitute financial advice. You should always do your own research before making any investment decisions.

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