Hindustan Zinc Shares Soar 13% in Best Week Since May 2024 on Silver Rally

• Hindustan Zinc shares recorded their best weekly gain since May 2024, rising 13%.
• The stock ended 7.5% higher on Friday, reaching a 52-week high, driven by a rally in Silver prices.
• Silver prices surged to record levels, trading near $65 an ounce and up over 120% year-to-date.
• Hindustan Zinc is India's sole listed Silver play, with over 42% of its EBITDA derived from Silver.
• Other metal stocks like Hindustan Copper and promoter Vedanta Ltd. also hit 52-week highs.

Why It Matters: Hindustan Zinc's rally due to silver prices indicates commodity market investment potential.