{"id":114998,"date":"2023-12-06T14:26:39","date_gmt":"2023-12-06T08:56:39","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=114998"},"modified":"2023-12-06T15:31:46","modified_gmt":"2023-12-06T10:01:46","slug":"large-cap-stock-declares-second-interim-dividend-of-6-per-share-check-the-record-date-here","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/large-cap-stock-declares-second-interim-dividend-of-6-per-share-check-the-record-date-here\/","title":{"rendered":"Large cap stock in green after it declares second interim dividend of \u20b9 6; Check the record date here\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-4107516422\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Vedanta Group stock which is India\u2019s largest and only integrated producer of zinc, lead, and silver jumped 2 percent in the day\u2019s trade after it announced 2nd Interim Dividend for the year of Rs. 6 per equity share.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1295743099\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>At 1:24 p.m. the shares of Hindustan Zinc Limited were trading at Rs. 325.25 and its market capitalization is Rs. 1,37,513 Crores. It has a dividend yield of 23.2 percent.&nbsp;<\/p><p>As per the latest filings on BSE, the board of directors of Hindustan Zinc Limited has approved paying the 2nd Interim Dividend of Rs. 6 per equity share i.e. 300 percent on face value of Rs. 2 per share for the Financial Year 2023-24 amounting to Rs. 2535.19 Crores and the record date to be eligible for the dividend is fixed at December 12, 2023.&nbsp;<\/p><p>Hindustan Zinc has 6 mines i.e. Rampura Agucha Mine, Sindesar Khurd Mine, Rajpura Dariba Mine, Bamnia Kalan, Kayad Mine, and Zawar Mines. In FY23, it generated 82 percent of its revenue from Zinc and Lead, 13 percent from silver, 1 percent from wind energy, and 4 percent from others.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-1109028090\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>The company\u2019s revenue from its operations grew by 15.82 percent from Rs. 29,440 Crores in FY22 to Rs. 34,098 Crores in FY23, accompanied by increasing profits of Rs. 9,629 Crores to Rs. 10,511 Crores.&nbsp;<\/p><p>It has reported a return on equity (ROE) of 44.53 percent and a return on capital employed (ROCE) of 50.02 percent, it is making good returns on its equity and capital employed.&nbsp;<\/p><p>According to the latest shareholding data available for the September 2023 quarter, the company\u2019s Promoters hold a 64.92 percent stake, Domestic Institutional Investors hold 32.52 percent and Foreign Institutional Investors hold 0.75 percent.&nbsp;<\/p><p>Hindustan Zinc is engaged in the exploration, extraction, processing of minerals, and manufacturing of metals and alloys. It has over 75 percent market share in India\u2019s primary zinc market.&nbsp;<\/p><p>It is India\u2019s largest and only integrated producer of zinc, lead, and silver, the World\u2019s 2nd largest integrated zinc producer, and one of the lowest-cost producers globally. It has the World\u2019s largest underground (UG) zinc mining operations at Rampura Agucha.&nbsp;<\/p><p><strong>Written by: Bharath K.S<\/strong><\/p><div class=\"trade-content-10\" id=\"trade-3487359714\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-2426293675\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Vedanta Group stock which is India\u2019s largest and only integrated producer of zinc, lead, and silver jumped 2 percent in the day\u2019s trade after it announced 2nd Interim Dividend for the year of Rs. 6 per equity share.&nbsp; At 1:24 p.m. the shares of Hindustan Zinc Limited were trading at Rs. 325.25 and its market [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":69896,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,13525],"tags":[],"class_list":["post-114998","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-stock-updates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Large cap stock in green after it declares second interim dividend of \u20b9 6; 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