Case study

HINDZINC

HINDUSTAN ZINC LIMITED

Screens attractive1y model -2.2%

Each stock's 10,000-path forecast, rendered as light.

76Score

HINDUSTAN ZINC LIMITED (HINDZINC) Stock Analysis & Case Study

Is HINDZINC a good buy? The data-driven verdict.

HINDUSTAN ZINC LIMITED (HINDZINC) trades at ₹595,on the numbers it screens attractive, a Downstox Snapshot Score of 76/100.

On the numbers, HINDUSTAN ZINC LIMITED (HINDZINC) screens attractive, a Downstox Snapshot Score of 76/100, weighing inexpensive at 14.8× earnings, ROE of 76.6%, a 48% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

HINDZINC fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹2.52L Cr
Current price
₹595
P/E ratio
14.8×
P/B ratio
11.10×
Book value
₹54
Dividend yield
1.85%
ROCE
69.5%
ROE
76.6%
Piotroski F-Score
6/8

How HINDZINC ranks against the 2,374 companies in our screener

Is HINDZINC overvalued? HINDZINC P/E vs its Metals

HINDZINC's P/E of 14.8× sits above the Metals peer median of 14.8×, so on earnings it screens in line with peers, while its 1.85% dividend yield is above the peer median of 0.93%.

HINDZINC P/E
14.8×
Peer median P/E
14.8×
HINDZINC div yield
1.85%
Peer median yield
0.93%

HINDZINC share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of HINDZINC history (10%/yr drift, 38%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
HINDZINC 2027₹367₹590₹948-2%
HINDZINC 2028₹293₹577₹1,135-4%
HINDZINC 2029₹249₹564₹1,276-7%
HINDZINC 2030₹212₹551₹1,436-9%
HINDZINC 2031₹183₹539₹1,583-11%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability HINDZINC goes up, or doubles?

48%
Higher in 1 year
Modelled chance the price is above today in 12 months
44%
Higher in 5 years
Modelled chance the price is above today in 5 years
17%
Doubles in 5 years
Modelled chance of reaching ₹1,206 within 5 years

The bull case for HINDZINC

  • HINDZINC's P/E of 14.8x is lower than 74% of the 2,374 NSE companies in our screener, as of 10 Aug 2026.
  • HINDZINC's return on equity of 76.6% ranks in the top 1% of the 2,374 NSE companies in our screener, as of 10 Aug 2026.
  • HINDZINC's return on capital employed of 69.5% ranks in the top 1% of the 2,374 NSE companies in our screener, as of 10 Aug 2026.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹1,276.

The bear case & risks

  • A steep 11.1× price-to-book means most of the value is intangible/expectations, not assets on the books.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹249.

HINDZINC volatility & expected range, how bumpy is the ride?

Over the last 9.8 years HINDZINC compounded at 10%/year with annualized volatility of 38%. That volatility implies a 1-year 80% range of ₹367-₹948, the honest backbone behind any single price target.

HINDZINC price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 9.8 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
2.2%
80% range₹367-₹948
P(price ↑)48%
P(price 2×)3%
3-Year Forecast
2029
₹0
Median (P50)
6.5%
80% range₹249-₹1,276
P(price ↑)46%
P(price 2×)12%
5-Year Forecast
2031
₹0
Median (P50)
10.7%
80% range₹183-₹1,583
P(price ↑)44%
P(price 2×)17%

HINDZINC price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
HINDZINC simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds HINDZINC hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the HINDZINC price target & forecast page.

HINDZINC Piotroski F-Score: 6/8, how financially strong is it?

6/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. HINDZINC scores 6/8, mixed financial health.

HINDZINC MTF margin & leverage across 11 brokers

Margin Trading Facility lets you buy HINDZINC with part of the capital. Lower margin % = higher leverage. Rates compared across 11 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox29.97%3.3×
Zerodha28.50%3.5×
Groww28.52%3.5×
DhanCHEAPEST26.46%3.8×
Kotak Neo30.03%3.3×
Paytm Money30.08%3.3×
Pocketful33.71%3.0×
Fyers34.48%2.9×
Anand Rathi33.46%3.0×
Bajaj Broking42.00%2.4×
Share India33.28%3.0×

Compare every broker on the HINDZINC MTF page.

HINDZINC vs peers,Metals comparison

StockP/EDiv yieldMarket cap
HINDZINC (this stock)14.8×1.85%₹2.52L Cr
TATASTEEL20.0×2.10%₹2.37L Cr
VEDL10.2×12.00%₹1.12L Cr
JINDALSTEL37.3×0.18%₹1.15L Cr
HINDALCO11.4×0.47%₹2.38L Cr
JSWSTEEL26.6×0.55%₹3.20L Cr
SAIL14.8×0.93%₹71,364 Cr

Fundamentals from Screener.in, as of 10 Aug 2026

About HINDUSTAN ZINC LIMITED: sector, index & market-cap context

HINDUSTAN ZINC LIMITED (HINDZINC) is a large-cap NSE-listed company in the Metals sector, and a constituent of the Nifty 500 index, with a market capitalisation of ₹2.52L Cr. See more stocks on our screener.

How the HINDZINC Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of HINDUSTAN ZINC LIMITED's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

HINDZINC analysis, FAQs

Is HINDUSTAN ZINC LIMITED (HINDZINC) a good buy?

On the numbers, HINDUSTAN ZINC LIMITED (HINDZINC) screens attractive, a Downstox Snapshot Score of 76/100, weighing inexpensive at 14.8× earnings, ROE of 76.6%, a 48% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is HINDZINC overvalued or undervalued?

HINDZINC trades at 14.8× earnings versus a peer median of 14.8×, so it screens richer than its Metals peers.

What is the HINDZINC share price target for 2031?

HINDZINC's probability-weighted 2031 median target is ₹539, with an 80% range of ₹183-₹1,583 (10,000-path Monte-Carlo).

What is the probability HINDZINC doubles in 5 years?

The modelled probability of HINDZINC reaching ₹1,206 (2×) within 5 years is 17%.

What is the bull case for HINDZINC?

HINDZINC's P/E of 14.8x is lower than 74% of the 2,374 NSE companies in our screener, as of 10 Aug 2026. HINDZINC's return on equity of 76.6% ranks in the top 1% of the 2,374 NSE companies in our screener, as of 10 Aug 2026. HINDZINC's return on capital employed of 69.5% ranks in the top 1% of the 2,374 NSE companies in our screener, as of 10 Aug 2026.

What are the risks in HINDZINC?

A steep 11.1× price-to-book means most of the value is intangible/expectations, not assets on the books.

More on HINDZINC