Equity / Stocks - Hindustan Zinc Ltd : BUY Call in MARKETS - Sunday, June 13, 2010
CMP / Reco Price : 96
Target : 150
Time Span : 1 year
Hindustan Zinc ...
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07-02-2010 11:35 PM
Hindustan Zinc Ltd : BUY Call
Sunday, June 13, 2010
CMP / Reco Price : 96
Target : 150
Time Span : 1 year
Hindustan Zinc Limited specializes in the exploration, mining and smelting of zinc, lead and other non-ferrous metals. The Company's products include zinc ore, lead zinc concentrate, zinc metal, lead metal, cadmium metal, silver metal and sulfuric acid.
Its a large cap and a safe bet. The stock has corrected 30 % from 52 wk highs and offers good buying opportunity. Current P/E of 10 is fairly priced. Last 2 quarterly earnings have been impressive. A definite buy for an investor. Buy at current levels and accumulate for every 10% fall.
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