The stock market today is witnessing strong momentum in metal stocks, with Hindustan Zinc's share price moving into the spotlight. The stock climbed sharply as silver prices surged to fresh lifetime highs, pushing the company to a new 52-week high on NSE and BSE.
The rally reflects a direct link between soaring bullion prices and stock performance, especially for companies with high exposure to silver.
Market Performance: Hindustan Zinc Share Price Today
Hindustan Zinc share price gained more than 3% in early trade, touching a fresh 52-week high of ₹606.70 per share.
Key market details at a glance:
- Day high: ₹606.70
- One-month return: Around 33%
- 52-week low: ₹378.15 (hit in March)
- Rebound from low: Nearly 60% in nine months
The move marks a new Hindustan Zinc record high for the year, driven largely by the surge in silver rates.
Main News: Silver Prices at All-Time High Fuel Rally
The sharp rise in silver prices has been the biggest trigger behind the stock’s movement.
Latest silver rate highlights:
- MCX silver (March futures): ₹2,14,275 per kg — lifetime high
- May futures: ₹2,17,291 per kg — all-time high
- July futures: ₹2,21,349 per kg — record high
- Global spot silver: Above $69 per ounce, crossing this level for the first time
This is the first instance where silver futures have decisively moved beyond the ₹2.10 lakh per kg mark, reshaping sentiment across metal stocks.
Why Silver Matters for Hindustan Zinc
Hindustan Zinc holds a unique position in the Indian metals space.
Key company details:
- Largest silver producer in India
- Produces refined silver with 99.9% purity
- Silver has emerged as a meaningful contributor alongside zinc and lead
With silver prices at lifetime highs, the company’s exposure to the metal has come into sharper focus, directly influencing Hindustan Zinc NSE and BSE performance.
Silver, Gold, and Global Cues
The rally in silver and gold has been supported by multiple factors across global and domestic markets:
- Rising expectations of interest rate cuts
- Strong investment demand
- Tight physical supply in global markets
- Elevated activity in futures trading
While gold continues to trade near its own highs, it is silver that has taken the lead, pulling silver-linked stocks higher.
Hindustan Zinc Share Price History in Context
Despite the recent rally, the longer-term picture remains mixed.
- All-time high: ₹1,443 (January 2011)
- Current levels: Still about 58% below lifetime peak
- 2025 trend: Strong recovery after a sharp early-year decline
The stock’s latest move highlights how quickly prices can react to changes in commodity cycles.
Summary: Hindustan Zinc in Focus as Silver Rates Surge
To sum up the key takeaways:
- Hindustan Zinc share price hit a new 52-week high of ₹606.70
- The stock is up 33% in one month
- Silver prices touched lifetime highs, crossing ₹2.14 lakh per kg
- Global silver crossed $69 per ounce for the first time
- The rally is closely tied to Hindustan Zinc’s role as India’s largest silver producer
As the stock market today continues to track movements in silver rates, gold prices, and global cues, Hindustan Zinc shares remain closely linked to the ongoing surge in precious metals
Source: Moneycontrol
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