https://economictimes.indiatimes.com/industry/indl-goods/svs/metals-mining/hindustan-zincs-big-payout-to-change-cash-surplus-position-to-net-debt-analysts-say/articleshow/98929439.cms
Analysts estimate that with the outgo, the company will now have a net debt on its books from a net cash surplus earlier. Following the fourth dividend, we estimate HZL will turn net debt from net cash, analysts at Citi Research noted. We maintain our Sell…
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