Hindustan Zinc shares slipped in Wednesday’s session (June 18,2025) after 1.8 per cent equity, or 7.61 crore shares changed hands in a block deal today, in the pre-opening session. As per reports, the company’s promoter Vedanta was expected to offload shares worth Rs 7,500 crore via block deals.
The proposed stake sale is seen to enhance liquidity as Anil Agarwal-led  Vedanta Group aims to meet it debt obligations.
As of the last count at around 10:22 am, Hindustan Zinc shares declined over 5 per cent or Rs 25.45 at Rs 460.95 apiece on the BSE. On the NSE, the scrip fell to the day’s low of Rs 452.5 per share.
DAM Capital and Citi were reportedly managing the deal as brokers.
As per the latest shareholding date, Vedanta held a 63.42 per cent  stake in the company. Â
Hindustan Zinc’s board early on Tuesday approved a big capital expansion plan.
Anil Singhvi on Hindustan Zinc
Zee Business Managing Editor Hindustan Zinc for higher levels of Rs 489 and Rs 493 with support at Rs 466 and Rs 471. He added that there is a buying opportunity in the Hindustan Zinc block deal.
One should consider buying near the floor price or the block deal price, he added. Further, the analyst noted that a block deal is more positive than an offer for sale (OFS).The company is set to gain from rising silver prices, he added.
Furthermore, the expert pointed out that Hindustan Zinc is a cash-rich company that pays dividends regularly.
