Hindustan Zinc Shares Soar 6% to 52-Week High Amid Silver Rally; M-Cap Nears Rs 3 Lakh Cr

• Hindustan Zinc shares surged 6% to a new 52-week high on January 23, driven by a record rally in silver prices.
• The company's market capitalization is approaching the Rs 3 lakh crore-mark, making it a significant player in the market.
• Vedanta holds a 62% stake in Hindustan Zinc, while the Government of India retains a 28% stake.
• Spot silver hit a record high of $99.20 an ounce, and MCX silver contracts also reached new peaks, benefiting Hindustan Zinc as a major silver miner.
• Hindustan Zinc reported strong Q3FY26 results with EBITDA up 36% QoQ and 35% YoY, and profit after tax increasing 46% YoY, largely due to elevated silver prices.

Why It Matters: Hindustan Zinc shares hit a 52-week high, nearing Rs 3 lakh crore m-cap, fueled by record silver prices and strong Q3 results.