Hindustan Zinc share price surged 6 per cent to Rs 288 apiece on BSE on Thursday after the company board approved interim dividend for FY23. The company said that the dividend payout of Rs 21 per share i.e. 1050% on face value of Rs 2 apiece would lead to an outflow of Rs 8,873 crore. The record date for payment of the dividend would be 21 July and the dividend would be paid within the stipulated timeline, the company said. Technical analysts said, there is a 50-DMA at 279 in Hindustan Zinc stock. “So it would be important to see …
