Hind Zinc in the green

Hind Zinc today opened with a positive gap at Rs.282.95 and rose to an intraday high at Rs.287.80 on the back of 4.5x rise in volumes.

The stock price rose after the company announced an interim dividend of Rs.21 per equity share, leading to an outflow of Rs.8,873 crore.

The record date for payment of dividend is July 21 and it will be paid within the stipulated timeline as prescribed under law.