Hindustan Zinc Share Hits Fresh 52-Week High, Rallies 65% in Six Months: Buy, Sell or Is More Upside Left?

Shares of Hindustan Zinc continued their rally on Tuesday as well, hitting a fresh 52-week high as bullish sentiment around silver prices and strong Q3 earnings lifted the stock further. The Vedanta Group stock has emerged as one of the top performers in the metal space, leaving investors wondering whether the rally still has steam or if it is time to book profits.

Hindustan Zinc Share Price Today

At the time of writing, Hindustan zinc shares were trading around Rs. 713.90-715.40 on the NSE, up nearly 2.2-2.5% for the day. The stock moved in a day's range of Rs. 710.50 to Rs. 733 because of strong buying interest at higher levels. Hindustan zinc ltd is currently among the most actively traded stocks by value on the NSE.

Over the past 30 days, the stock has gained over 15% and jumped nearly 65% in the last six months.

Why Hindustan Zinc Shares Are Rising?

The sharp rally in hindustan zinc shares is being driven by the record-high silver prices Hindustan Zinc Limited, a subsidiary of Vedanta Limited, is India's largest integrated zinc-lead-silver producer and also the largest producer of silver in the country.
Silver prices today have surged to fresh lifetime highs, extending a blistering bull run in the precious metals market. On the MCX, silver futures with March expiry jumped over 7% to hit a record high of Rs. 3,59,800 per kilogram, while silver ETFs mirrored the sharp surge. With silver prices rallying aggressively, investor interest in silver-linked stocks such as hindustan zinc has intensified.

Hindustan Zinc Q3 Results

Adding to the positive sentiment were strong Q3 FY26 results declared by the company. For the December quarter, revenue from operations rose 27.6% year-on-year to Rs. 10,922 crore, compared with Rs. 8,556 crore in the year-ago period.
Net profit surged 46.5% to Rs. 3,879 crore, up from Rs. 2,647 crore in Q3 FY25, reflecting better realisations, higher volumes, and operational efficiency. Earnings per share (EPS) for the quarter stood at Rs. 9.18, while total comprehensive income came in at Rs. 3,454 crore. EBITDA margins si expected to remain strong, supported by favourable metal prices.

Hindustan Zinc Shares: Buy, Sell or Hold?

Motilal oswal in its recent report assigned a Neutral rating to the stock, "HZL delivered a strong earnings performance in 3QFY26, primarily driven by favorable metal pricing and a recovery in volumes. The company continues to focus on improving production output with tighter cost-control measures, leading to margin sustenance and we believe the current valuation has priced in all the positive factors. We reiterate our Neutral rating with a Target Price of Rs. 720" the report mentioned.
Systematix institutional equities on the other hand gave a BUY rating for the stocks stating, "We revise FY26/FY27/FY28 EBITDA estimates higher by 5%/9%/3% and retain BUY rating on HZ with a SOTP-based TP of Rs 755/share based on 9x FY28E ."EV/EBITDA for the zinc and lead segment and 12x for the silver segment EBITDA, assuming 55% EBITDA contribution from the silver segment in FY28."

About Hindustan Zinc

Hindustan Zinc, a Vedanta Group subsidiary, is a global leader in zinc production and ranks among the top five silver producers worldwide. The company operates some of India's largest underground zinc mines, including Rampura Agucha, and exports to over 40 countries. It commands nearly 77% of India's primary zinc market, giving it strong pricing power and scale advantages.

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