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    Union Budget 2015: Government to divest its stake in Hind Zinc; stock reacts

    Hindustan Zinc has reacted negatively as government will divest its stake in the company in FY16.

    February 28, 2015 / 01:47 PM IST
     
     
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    Hindustan Zinc has reacted negatively as government will divest its stake in the company in FY16.

    The government currently holds 29.5 percent stake in Hindustan Zinc.

    Government will also sell its stake in Balco and SUUTI in FY16. In Balco government holds 49 percent stake.

    At 13:35 hrs Hindustan Zinc was quoting at Rs 174, down Rs 3.80, or 2.14 percent.

    Tags: #Balco #Buzzing Stocks #Hindustan Zinc #SUUTI
    first published: Feb 28, 2015 01:37 pm

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