Vedanta likelier to bag govt stake in HZL: Experts.

The Anil Agarwal-promoted Vedanta group, which controls Hindustan Zinc Ltd. (HZL), doesn't have first right to the government stake in HZL. However, according to analysts, Vedanta's chances are high because there won't be too many serious contenders for the government's residual stake in HZL.

Recently, the government had decided to auction its 29.5 per cent stake in HZL. However, the modalities for the auction, expected to fetch Rs. 20,000 crore, are yet to be worked out by the divestment department.

BS