Hindustan Zinc up on govt stake sale approval report

Written by Reuters | Mumbai | Updated: Jan 21 2014, 17:35pm hrs
Hindustan ZincInvestors watch a display at a local share market in Chandigarh. (Reuters)
Shares in Hindustan Zinc gain around 2.5 per cent on Tuesday after TV channels reported the government had approved on Monday a stake-sale in Hindustan Zinc Ltd, citing unnamed sources.

The government holds a 29.5 percent stake in the company that is controlled by London-listed Vedanta Resources Plc.