Hindustan Zinc up on govt stake sale approval report

Reuters Posted online: Tuesday, Jan 21, 2014 at 0000 hrs
Mumbai : 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.