Hindustan Zinc’s stock surged by 4 percent during late morning trading following the announcement by the Vedanta group company that it had secured a deal to supply zinc to the US-based battery manufacturer AEsir Technologies. As of 11 am, the stock was trading at Rs 676.55.
In an exchange filing, Hindustan Zinc disclosed that it had been selected as the preferred supplier of zinc for AEsir Technologies. AEsir Technologies specializes in batteries designed for large-scale energy storage in industrial settings.
