Hindustan Zinc Limited gets LoI from Andhra Pradesh Government for Balepalyam Tungsten Mineral Block

Hindustan Zinc Limited has announced that the Government of Andhra Pradesh has issued Letter of Intent (LoI), under Rule 18(1) of the Mineral Auction Rules 2015, to Hindustan Zinc Limited, the preferred bidder for grant of Composite License for e-auction of Balepalyam Tungsten and Associated Mineral Block conducted by Ministry of Mines, Government of India over an extent of 308.30 Hectares in Ananthapuram District.

Shares of Hindustan Zinc Limited was last trading in BSE at Rs. 443.50 as compared to the previous close of Rs. 435.40. The total number of shares traded during the day was 233900 in over 4395 trades.

The stock hit an intraday high of Rs. 447.20 and intraday low of 434.15. The net turnover during the day was Rs. 103011186.00.

Source : Equity Bulls

Keywords

HindustanZinc INE267A01025 LoI GovernmentofAndhraPradesh BalepalyamTungstenMineralBlock