Global brokerage firm Jefferies has maintained its Buy rating on Hindustan Zinc while raising the target price to ₹750.00 per share. The revised recommendation signals the brokerage's positive outlook on the mining company's performance and future prospects.

Brokerage Recommendation Details

The updated target price represents an upward revision from Jefferies' previous recommendation for Hindustan Zinc. The following table summarizes the key details of the brokerage call:

Investment Outlook

The maintained Buy rating coupled with the raised target price indicates Jefferies' confidence in Hindustan Zinc's business fundamentals. The brokerage's positive stance reflects expectations of strong operational performance and favorable market conditions for the metals and mining sector.

The target price of ₹750.00 suggests potential upside for investors, though the actual market performance will depend on various factors including commodity prices, operational efficiency, and broader market conditions. Jefferies' recommendation provides institutional perspective on the company's investment attractiveness in the current market environment.

Hindustan Zinc has unveiled its strategic approach to risk management and sustainability, outlining comprehensive hedging positions and ambitious renewable energy targets that could significantly impact its operational costs and environmental footprint.

Strategic Hedging Framework

The company maintains a disciplined hedging strategy that covers 10% to 20% of its yearly production volume, providing protection against commodity price volatility. For FY2027, Hindustan Zinc has already secured substantial forward positions across its key products.

This hedging approach demonstrates the company's proactive risk management, ensuring price certainty for a significant portion of its production while maintaining exposure to potential upside in commodity markets.

Renewable Energy Transition Roadmap

Hindustan Zinc has charted an aggressive renewable energy expansion plan that will transform its energy profile over the coming years. The company's renewable energy mix is set to increase substantially from its current trajectory.

Cost Savings and Financial Impact

The renewable energy initiative is expected to deliver significant economic benefits beyond environmental advantages. The company projects cost savings of $20.00-$25.00 per tonne of production, which translates to substantial annual savings.

These savings will contribute directly to improved operational efficiency and enhanced profitability while supporting the company's sustainability objectives. The dual strategy of strategic hedging and renewable energy adoption positions Hindustan Zinc to manage both market risks and operational costs effectively while advancing its environmental commitments.