Hindustan Zinc share price
Business
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Moneycontrol12-12-2025, 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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