Hindustan Zinc shares surge on silver's record Rs 2 lakh/kg price

Business
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Moneycontrol•12-12-2025, 15:13
Hindustan Zinc shares surge on silver's record Rs 2 lakh/kg price
- •Hindustan Zinc shares jumped 8% to a new 52-week high on December 12.
- •The surge is attributed to silver prices crossing Rs 2 lakh/kg for the first time.
- •Hindustan Zinc is India's largest silver producer, benefiting from the price increase.
- •Pro-growth policies in China and a weak US dollar are also supporting metal stocks.
- •Technical analysis suggests potential for further upside if key resistance levels are breached.
Why It Matters: Rising silver prices are boosting Hindustan Zinc, highlighting commodity market influence.
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