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MarketScreener Homepage  >  Equities  >  NASDAQ OMX STOCKHOLM  >  Epiroc AB    EPI A   SE0011166933

EPIROC AB

(EPI A)
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Epiroc : Hindustan Zinc picks Epicorp tech for mine in Rajasthan, India

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05/23/2019 | 01:30am EDT

Nasdaq Stockholm-listed Swedish industrial firm Epiroc has been picked by India’s Hindustan Zinc (HZL) to equip the latter’s Rampura Agucha mine,located on a sulfide deposit in the Bhilwara district of Rajasthan,with the Mobilaris Mining Intelligence (MMI) system.

A subsidiary of London-headquartered Vedanta Resources, HZL has adopted the intelligent mining platform to drive operational efficiencies onsite.

MMI offers situational awareness; short-interval control, including machine data integration; and traffic awareness intelligence.

Commenting on the development, chief executive office of HZL, Sunil Duggal, said: “The partnership with Epiroc will support our direction to develop safer and more productive operations at Rampura Agucha Mine.

“We are continuously making efforts to develop better, connected and intelligent mines,” added Duggal.

(c) 2019 ITP Business Publishing Ltd. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

Stocks mentioned in the article
ChangeLast1st jan.
EPIROC AB 0.15% 91.16 Delayed Quote.8.56%
HINDUSTAN ZINC LTD -0.84% 234.75 End-of-day quote.-15.04%
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Financials (SEK)
Sales 2019 41 767 M
EBIT 2019 8 568 M
Net income 2019 6 246 M
Finance 2019 1 153 M
Yield 2019 2,67%
P/E ratio 2019 17,86
P/E ratio 2020 16,57
EV / Sales 2019 2,64x
EV / Sales 2020 2,48x
Capitalization 111 B
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Mean consensus OUTPERFORM
Number of Analysts 16
Average target price 101  SEK
Spread / Average Target 8,1%
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Per Lindberg President, Chief Executive Officer & Director
Ronnie Leten Chairman
Anders Lindén Chief Financial Officer, SVP-Controlling & Finance
Anders Gerhard Ullberg Independent Director
Johan Patrik Lennart Forssell Independent Director
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