Archive · 3 Jun 2025
Hindustan Zinc Shares Rise as Silver Prices Increase
Imagine a company called Hindustan Zinc that deals with silver.
Their shares went up because the price of silver went up too!
This is because more people want silver.
This increase is happening because there's more global tension, the US dollar isn't as strong and companies are using silver more for things like cars, electronics, and solar panels.
Hindustan Zinc is a big deal in India, and they're one of the world's biggest silver producers.
The company's sales and profits are also up recently, showing a great performance.
Hindustan Zinc shares rose on Tuesday due to rising silver prices.
Global silver prices reached nearly two-month highs, breaching ₹1 lakh per kg in India.
Factors include trade tensions, weaker US dollar, and strong industrial demand.
Hindustan Zinc is India's only primary silver producer and a top global producer.
The company's recent financial results showed significant growth in revenue and net profit.
- Who
- Hindustan Zinc Ltd.
- What
- Shares of Hindustan Zinc surged due to rising silver prices.
- When
- Shares gained on Tuesday, June 3.
- Where
- India, with global implications.
- Why
- Driven by rising global silver prices, trade tensions, weaker US dollar, and strong industrial demand.
- Stock Movement
- Up 3.33% on Tuesday; Up over 9% in 2025
- Silver Price in India
- Breached ₹1 lakh per kg
- Hindustan Zinc FY25 Silver Production (Guidance)
- Recovery to 700 tonnes in FY26
- Precious Metals contribution to FY25 Earnings
- 38%
- Revenue (March Quarter)
- ₹9,087 crore
- Net Profit (March Quarter)
- ₹3,003 crore
- EBITDA (March Quarter)
- ₹4,820 crore