Metals

Hindustan Zinc Ltd, a Vedanta Group company and India's leading zinc producer, has announced an interim dividend of Rs. 10 per share for FY2025-26, totaling Rs. 4,225 crore. This move underscores the firm’s strong financial footing, driven by a 47.3% surge in Q4 net profit to Rs. 3,003 crore. The dividend also provides the Indian government with approximately Rs. 1,180 crore in receipts.

Hindustan Zinc Ltd (HZL), a subsidiary of Vedanta, is making strategic moves to diversify its operations, with plans to launch a fertilizer manufacturing plant in Rajasthan by the next financial year. The company aims to enhance its value-added products portfolio and capitalize on the growing demand for critical minerals for future technologies. With a record-breaking Q4 profit in FY 2025 and a focus on expanding into multi-metal production, HZL is positioning itself for continued growth, while aligning with India’s vision of securing critical mineral resources for a sustainable future.

State-owned NMDC Ltd announced a 5 percent increase in consolidated net profit to Rs. 1,483.18 crore for the quarter ending March 31, 2025, propelled by higher revenues from iron ore and pellets. Total income for the quarter rose nearly 9 percent to Rs. 7,497.17 crore compared to the same period last fiscal. For the full year, NMDC’s net profit surged over 17 percent to Rs. 6,538.82 crore on the back of strong operational execution.

Following a steep decline, Indian equity markets rebounded sharply on May 22, with the Sensex and Nifty posting gains of nearly 1%, driven by strength in banking, information technology, and metal stocks. The rally extended to broader markets, where mid- and small-cap stocks also showed robust performance. Experts attributed the rebound to easing concerns over global bond yields and reaffirmed confidence in India’s macroeconomic fundamentals.

National Aluminium Company Ltd (Nalco), the state-owned integrated aluminium producer, reported a dramatic rise in its consolidated net profit for the fourth quarter of fiscal year 2025, surging to Rs. 2,067.23 crore—more than double the Rs. 996.74 crore recorded a year earlier. This exceptional performance was underpinned by higher revenues from operations, which rose to Rs. 5,267.83 crore during the quarter. The company’s full-year profit also climbed sharply to Rs.

ndia’s equity markets witnessed a remarkable resurgence on Thursday, with the benchmark BSE Sensex soaring by 1,200.18 points, marking a seven-month high at 82,530.74. The NSE Nifty breached the psychologically significant 25,000 level, closing at 25,062.10 for the first time since October 2024. This rally was fueled by across-the-board buying across key sectors, including banking, automobile, IT, and oil & gas, alongside fresh inflows from foreign institutional investors.

In a significant step toward sustainable industrial practices, the Indian government has launched a digital platform designed to modernize the country’s non-ferrous metal recycling sector. Spearheaded by the Ministry of Mines, this initiative aims to consolidate data, foster stakeholder collaboration, and drive evidence-based policymaking in the recycling of critical metals such as aluminium, copper, lead, zinc, and rare elements.

National Mineral Development Corporation (NMDC), India's largest iron ore producer, has reported significant growth in both production and sales for April. With a 15% increase in iron ore output and a 3% rise in sales, the state-owned entity continues to set benchmarks for the industry. NMDC's strong performance, driven by its major mines in Kirandul, Bacheli, and Donimalai, positions the company for ambitious expansion plans, including its goal to become a 100 million tonnes (MT) mining giant by 2030.

MOIL Ltd., India’s leading manganese ore producer under the Ministry of Steel, reported a 27% year-on-year increase in net profit for the fourth quarter of FY25, totaling Rs. 115.65 crore. For the full fiscal year, profit surged by 30% to Rs. 381.63 crore, driven by improved sales, higher production volumes, and increased operational efficiency. Revenue also saw a modest rise, reflecting steady demand in core sectors.

Hindustan Zinc Ltd (HZL), a Vedanta Group company and India’s leading zinc producer, is poised to diversify beyond its traditional stronghold in zinc, lead, and silver. The company is actively exploring entry into potash mining, with an eye on a promising block in Rajasthan that may also contain lithium reserves—an increasingly critical mineral in the global transition to green energy. This strategic shift aligns with India's broader push to reduce reliance on imports of potash and secure domestic sources of key minerals.