#Businessnews #hindustanzinc #investors #hindustanzincshares #vedanta #lic
Hindustan Zinc shares surged today, hitting a record high of Rs 807 and surpassing the Rs 800 milestone for the first time. However, a significant concern looms over the company's limited free float in the market. As of the March quarter, promoter Vedanta holds a 64.92% stake, while the government and LIC together own 32.32%. With a mere 2.78% held by LIC, retail shareholders face minimal float, with Vedanta, the government, and LIC collectively controlling 97.24% of the shareholding. Catch Tanya Aneja and Harsh Verma with Sunny Agrawal, DVP, Head of Fundamental Desk, SBI Securities analysing the stock.
-----------------------
Thank You for watching! Do not forget to Like | Comment | Share
-----------------------
About the channel
Watch us for the best news and views on business, stock markets, crypto currencies, consumer technology, the world of real estate, bullion, automobiles, start-ups and unicorns and personal finance. Business Today TV will also bring you all you need to know about mutual funds, insurance, loans and pension plans among others.
Follow us at:
Website: www.businesstoday.in
WhatsApp: whatsapp.com/channel/0029Va4Hd309hXFCqY62yD2I
Facebook: / businesstoday
twitter: / business_today
Instagram: / business_today