Hindustan Zinc up on govt stake sale approval report

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Investors watch a display at a local share market in Chandigarh. (Reuters) Investors watch a display at a local share market in Chandigarh. (Reuters)
SummaryThe govt holds a 29.5% stake in Hindustan Zinc that is controlled by Vedanta Resources Plc.

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.

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