Hindustan Zinc shares rally 3%; hit fresh 52-week high as silver prices top $65/ounce; other details to know

Hindustan Zinc is a subsidiary of Vedanta Limited and is essentially the only listed "pure-play" integrated silver producer in India. It holds a near-monopoly on primary silver production in the country.

In international markets, silver crossed the $65 level for the first time on Wednesday, while gold posted modest gains after weaker US labour data revived expectations of interest-rate cuts, weighing on the dollar and lifting demand for precious metals.

Spot silver jumped 2.8% to a record high of $65.63 an ounce. Gold also moved higher, with spot prices rising 0.4% to $4,321.56 an ounce by 0230 GMT, according to news reports.

Besides silver prices, NCLT's approval of Vedanta's demerger plan also boosted the sentiment.

Post-demerger, Vedanta’s businesses will operate as independent, sector-specific companies, each positioned to capitalise on its respective market opportunities. The resulting entities will be as follows:

• Vedanta Aluminium

• Vedanta Oil & Gas

• Vedanta Iron & Steel

• Vedanta Power*

• Vedanta Limited (to continue as the parent company housing Hindustan Zinc Limited and incubating future-facing businesses)

(*The approval for the demerger of the merchant power business of Vedanta Limited is currently pending before the Hon’ble NCLT under a separate proceeding.)

Vedanta added that Vedanta Limited, as the residual entity, will continue to hold its stake in Hindustan Zinc Limited and act as an incubator for new and emerging businesses, including initiatives that are of strategic importance to India.

Hindustan Zinc proposes zinc park in Rajasthan

In November 2025, Hindustan Zinc Ltd (HZL) held a high-level stakeholder consultation workshop in Jaipur to advance the proposal of a zinc park, a statement said.

The proposed zinc park, billed as the world's first, will be dedicated to innovation, manufacturing, and value addition across the zinc, lead, silver, and allied metal value chains.

Policymakers, industrial leaders, MSMEs, technology partners, and prospective investors took part in the stakeholder discussion to help shape the park's infrastructure blueprint, policy architecture, and sectoral priorities, HZL said.

Hindustan Zinc Q2 FY26 Results

Vedanta group firm Hindustan Zinc Ltd reported a 13.8% increase in consolidated net profit to ₹2,649 crore for the quarter ended September 30, 2025, on the back of higher commodity prices, a stronger dollar and higher by-product realisations.

The company had posted a consolidated net profit of ₹2,327 crore in the year-ago period.

The consolidated income of the company in the July-September period increased to ₹8,787 crore, over ₹8,522 crore in the corresponding quarter of the previous financial year.

"As we embark on our next phase of 2x growth expansion, recovering value from every resource, reusing materials through circular processes and growing a portfolio of energy transition metals, we are driving India's journey towards clean energy independence," the company's Chief Executive Officer, Arun Misra, said.

Hindustan Zinc share price trend

Shares of Hindustan Zinc have rallied 11% in the past five sessions, and over 20% in the past one month.