India's top zinc producer, Hindustan Zinc Ltd, has announced that the company has reduced the Zinc prices by Rs 2,300 per tonne.

But, the company kept its lead prices unaltered at Rs 131,300 per tonne.

Last week, the company had increased prices by Rs 1,600 per tonne, but has now slashed the price by 2.1% to Rs 104,800 per tonne.

The price cut would be effective April 17.

Hindustan Zinc, Ltd. runs as a mining and smelting company in India. Its products comprise zinc; lead; and other by-products, including sulphuric acid, silver, and cadmium. The company was formed in 1966 and is based in Udaipur, India.

Hindustan Zinc Ltd. operates as a subsidiary of Sterlite Industries India Ltd.

Shares of the company, on Thursday, gained Rs 38.7 at Rs. 510 on the Bombay Stock Exchange (BSE). The total volume of shares traded was 74,974.