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Hindustan Zinc gains on commissioning additional 10 MLD sewage treatment plant in Udaipur

  • bitnet infotech
  • July 1, 2020
  • 6:16 am

Hindustan Zinc is currently trading at Rs. 197.10, up by 1.15 points or 0.59% from its previous closing of Rs. 195.95 on the BSE.

The scrip opened at Rs. 195.05 and has touched a high and low of Rs. 199.35 and Rs. 193.70 respectively. So far 147772 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 246.25 on 02-Jul-2019 and a 52 week low of Rs. 122.00 on 13-Mar-2020.

Last one week high and low of the scrip stood at Rs. 204.75 and Rs. 182.00 respectively. The current market cap of the company is Rs. 83027.52 crore.

The promoters holding in the company stood at 64.92%, while Institutions and Non-Institutions held 33.29% and 1.78% respectively.
Hindustan Zinc has set up an additional 10 million litres per day (MLD) sewage treatment plant to make Udaipur’s lake and river free from pollution. The plant is commissioned and now producing treated water, which is being sent to Aayad river. The company had set up Udaipur’s first sewage treatment plant (STP) under public-private-partnership model in 2014. Initially, this STP had a capacity to treat 20 million litres of sewage per day which was expanded by setting up another 25 MLD plant in FY’19, taking the capacity to a total of 45 MLD.

In another 15 MLD capacity expansion, a 10 MLD plant has been established taking the overall capacity to 55 million litres of sewage treatment per day. With this expanded capacity, the company expects to treat maximum of Udaipur’s domestic sewage, helping reduce the dependencies on fresh water.

Hindustan Zinc, the world’s second biggest zinc producer, operates the world’s third largest open-pit mine, and world’s largest Zinc Mine in Rampura Agucha, Rajasthan.

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