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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 -0.88% 106.5 Delayed Quote.28.16%
HINDUSTAN ZINC LIMITED 0.89% 210.6 End-of-day quote.-25.09%
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Financials (SEK)
Sales 2019 41 899 M
EBIT 2019 8 883 M
Net income 2019 6 489 M
Debt 2019 1 092 M
Yield 2019 2,38%
P/E ratio 2019 19,8x
P/E ratio 2020 18,2x
EV / Sales2019 3,04x
EV / Sales2020 2,84x
Capitalization 126 B
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Mean consensus HOLD
Number of Analysts 18
Average target price 108,00  SEK
Last Close Price 106,50  SEK
Spread / Highest target 14,6%
Spread / Average Target 1,41%
Spread / Lowest Target -15,5%
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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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