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![viceroyresearch Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::812145753338548224.png) Viceroy [@viceroyresearch](/creator/twitter/viceroyresearch) on x 46.4K followers
Created: 2025-07-17 04:00:16 UTC

HZL does not make sufficient cash flows to support enormous dividends.

HZL has incurred a ₹23,800 crore FCF shortfall against dividends since 2019. As demonstrated above, $HZL has supplemented this with debt. $VEDL 15/


XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1945695018435367045/c:line.svg)

**Related Topics**
[$vedl](/topic/$vedl)
[debt](/topic/debt)
[$hzl](/topic/$hzl)

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