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Hindustan Zinc shares jump 4% after Q2 net profit more than doubles. Why Jefferies cut target price?

Published by The Economic Times · India 2 h ago

Hindustan Zinc reported a 142% year-on-year jump in Q2FY27 net profit to Rs 6,412 crore, while revenue rose 77% to Rs 15,093 crore. Despite strong earnings, Jefferies cut its…

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