THIS Vedanta Group Stock Can Deliver 30% Return In Long-Term | Time To Buy? Check TP

Shares of Vedanta Limited subsidiary Hindustan Zinc rallied nearly 3.99% during Friday's intraday trading session, as the metal stock continued its rally for the third straight session. The stock is likely to see strong growth in the coming months, as the disconnect between Hindustan Zinc's stock performance and strong zinc prices presents a growth opportunity in the near term, according to a report by HSBC.

Hindustan Zinc share price was trading 3.94% higher at Rs 595 per share on BSE with a market capitalisation of Rs 2,51,617.75 crore at 3:13 pm. The stock had touched an intraday high of Rs 598.50 per share and an intraday low of Rs 579.75 per share.

Hindustan Zinc Share Price Outlook

According to an HSBC report, the strong LME zinc prices, bullish trend in silver prices and a weak rupee make a favourable case for Hindustan Zinc's business growth. "Given strong LME zinc prices, HindZinc's relative underperformance is surprising," stated the brokerage in its report.

Silver remains a key earnings driver for the company as it contributes around 46% to overall profitability, driven by benefits of debottlenecking projects. "Silver remains a key earnings driver, contributing ~46% to overall profitability, driven by benefits of debottlenecking projects, higher operational efficiency, and the lowest zinc cost of production," stated Systematix Institutional Equities in its report.

Hindustan Zinc Share Price Target

HSBC maintained a 'Buy' rating for the stock with a target price of Rs 770 per share. Systematix Institutional Equities, in its report, indicated a 20% upside in its valuation with a target price of Rs 669 per share.

Hindustan Zinc Share Price Trend

The stock opened higher on Friday. It touched 52-week high of Rs 732.60 per share on January 28, 2026. The stock dipped to its 52-week low of Rs 418 per share on August 29, 2025. The stock has a return on equity (ROE) of 221.58%. The stock value has surged around 5.8% in a week and around 11.55% in one month.

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