Wednesday, 6 April 2016

Stock Trading Tips: Hindustan Zinc shares plunge 14%

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Shares of Hindustan Zinc fell 14 percent intraday Wednesday as the stock balanced for special dividend.

Board of directors of the organization, on March 30, announced special golden jubilee dividend of Rs 24 per share for the financial year 2015-16. Vedanta group organization had altered April 07 as record date for installment of second interim dividend. 

At 11:55 hours IST, the scrip of Hindustan Zinc was quoting at Rs 162.70, down Rs 24.35, or 13.02 percent on the BSE.
 

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