Hindustan Zinc shares climb 3% amid rising silver prices, extending gains for the fourth session

Market Overview

Hindustan Zinc Hindustan Zinc Limited shares rose nearly 3% on November 29 as silver prices continued their upward momentum. The stock has now extended its winning streak for the fourth consecutive session, supported by strong metal price trends in the global market.

Company Position

Hindustan Zinc is India’s leading silver producer, refining silver with a minimum 99.9% purity. The company’s performance is closely linked to global precious metal prices, given its significant reliance on silver and zinc output.

Silver Price Surge

Silver prices climbed sharply, following gains in gold as investors sought safe-haven assets amid market uncertainty and a weaker dollar. This uptick in silver prices has directly benefited Hindustan Zinc’s valuation and investor sentiment.

Recent Stock Performance

In the previous three sessions, the stock had already witnessed consistent buying interest. Market analysts attribute the recent surge to favorable commodity trends and the company’s stable operational fundamentals.

“The rally in silver is providing a strong tailwind for Hindustan Zinc’s stock,” said a market analyst, noting the correlation between spot silver rates and the company’s revenue momentum.

Outlook

Analysts expect Hindustan Zinc to maintain its positive trajectory if silver prices remain elevated. However, they also caution that fluctuations in global metal demand and currency movements could affect near-term price stability.

Author’s summary: Hindustan Zinc’s stock gained 3% on a sustained rally in silver prices, marking its fourth consecutive rise amid improving global metal sentiment.

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Moneycontrol Moneycontrol — 2025-11-28

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