Wednesday, October 07
Hindustan Zinc, a subsidiary of Vedanta, has announced its first interim dividend for the financial year 2025–26. The company approved a payout of Rs 10 per equity share (500% of the Rs 2 face value) through a board meeting held on Wednesday.Further, the board has also fixed June 17 as the record date for determining eligible shareholders, with the dividend to be paid within the stipulated regulatory timeline.The board’s announcement follows a surge in investor optimism earlier in the week, with shares jumping 4–6% ahead of the June 11 meeting, where the dividend was approvedThis latest dividend is a continuation of Hindustan Zinc's steady tradition of rewarding shareholders. In FY25, the company paid interim dividends of Rs 10 (May 2024) and Rs 19 (August 2024), with prior payouts o
While China’s efforts to disrupt the global supply of rare earth elements has become the talking point, state-run Gujarat Mineral Development Corporation (GMDC) shares have silently rallied nearly 18% in the past eight trading sessions, remaining unbeaten six times in a row.Today, GMDC shares surged 2.5% to hit the day's high of Rs 420.90 on the NSE.The smallcap stock has seen high investor traction on the BSE and NSE. Today, the volumes were up by 1.11 times on the BSE.The stock has gained 40% in the past one month, outperforming headline indices Nifty and BSE Sensex by significant margin. The returns by Nifty and Sensex during this period have been 5% and 4%, respectively. The last three months' gains are at 62%. GMDC is India’s leading mining and mineral processing company, and the
