Hindustan Zinc Shares Surge 6% to 52-Week High Amidst Record Silver Rally

• Hindustan Zinc shares climbed 6% on January 23, reaching a new 52-week high, supported by a significant rally in silver prices.
• Silver prices hit record highs due to global geopolitical tensions and economic uncertainties, boosting confidence in precious metals.
• Hindustan Zinc, a major Indian silver producer, saw its market capitalization approach the Rs 3 lakh crore mark.
• Vedanta holds a 62% stake in the company, while the Indian government retains 28%.
• The company reported a strong Q3FY26 performance with EBITDA up 36% QoQ and 35% YoY, driven by reduced zinc production costs and higher silver prices.

Why It Matters: Hindustan Zinc's stock soared to a 52-week high, fueled by record silver prices and robust Q3 earnings.