Hindustan Zinc hits 52-week high; Jefferies 'Buy' call, 18% upside on silver.

• Hindustan Zinc shares hit a new 52-week high, extending gains for the fifth consecutive session.
• The stock's surge is primarily driven by soaring silver prices, benefiting Hindustan Zinc as India's largest silver producer.
• Jefferies initiated a 'Buy' call on Hindustan Zinc with a target price of Rs 660, projecting an 18% upside.
• Jefferies anticipates strong EPS growth (22% in FY26, 29% in FY27) and robust cash flows for the company.
• Key risks to Jefferies' bullish outlook include potential drops in silver/zinc prices and issues with mine renewals.

Why It Matters: Hindustan Zinc surges on silver prices & Jefferies' 'Buy' – a market opportunity.