Hindustan Zinc Share Price Jumps Over 3%: Silver Rally, Sector Momentum Drive Strong Gains

Hindustan Zinc shares surged over 3% on Friday, extending a strong upward trend driven by rising global silver prices and bullish sentiment across the metals sector. The stock climbed to ₹539.80 on the BSE, marking a notable continuation of its recent rally.

In just three trading sessions, Hindustan Zinc has gained 8.5%, risen over 11% in the past month, and delivered a robust 21% return so far in 2025, outperforming broader market benchmarks.

Silver Price Rally Lifts Sentiment

A major driver of Friday’s jump was the sharp rise in silver prices, which have hit new highs in domestic and international markets. As silver contributes significantly to Hindustan Zinc’s revenue stream, the metal’s surge has strengthened investor confidence.

Expectations of global monetary easing, a weaker US dollar, and tight supply conditions have fueled a broader rally in non-ferrous metals, lifting stocks across the mining sector. Strong industrial demand and favourable macro cues have further boosted sentiment.

Technical Breakout & Sector Momentum

Hindustan Zinc also benefited from strong sectoral action, with metals and mining stocks leading market gains. Higher trading volumes and sustained price momentum have positioned the stock among the most actively traded in the non-ferrous metals basket.

Analysts note that the stock’s recent breakout above resistance levels has triggered momentum buying, supported by improved global cues and healthy domestic demand indicators.

What Investors Are Tracking

Going forward, investors will monitor:

• Global metal price trends (especially silver and zinc)

• Demand from key industries

• Production volumes and cost efficiencies

• The company’s earnings trajectory

Hindustan Zinc recently posted solid quarterly numbers, reinforcing optimism about its near-term performance.

Adding to the bullish outlook, B&K Securities initiated coverage with a BUY rating and a target price of ₹610, implying an upside of 24.5% from the December 8 closing price. The brokerage cited the company’s cost leadership, strong margins, and long-term strategic expansion.

Despite upbeat sentiment, experts advise investors to evaluate risk factors and consult professional financial advisors before making investment decisions.