Hindustan Zinc (NSE: HINDZINC) Advances 2.5% to ₹609.60, Extends Rally to Third Straight Session

Hindustan Zinc shares rose 2.47% to ₹609.60 on Monday, August 24, 2026. The stock extended its rally to a third consecutive session, outperforming the broader market. Hindustan Zinc is up 40.23% over the past year, against a 3.13% drop in the Nifty 50.

Silver Strength Keeps Driving the Rally

Hindustan Zinc’s Q1 FY27 results, released on July 24, showed silver revenue nearly tripling year-on-year. Silver contributed ₹3,839 crore in Q1 FY27, up 169% from ₹1,427 crore a year earlier. Average silver prices surged 117% YoY to $73.2 per troy ounce during the quarter.

Zinc prices also climbed sharply, up 31% YoY to $3,466 per metric ton. Zinc revenue reached ₹7,304 crore, a 48% increase. Together, these gains pushed Hindustan Zinc’s overall revenue mix firmly toward precious-metal strength.

Record Q1 FY27 Financial Performance

Profit and Margin Growth

Hindustan Zinc posted a record net profit of ₹5,469 crore in Q1 FY27, up 145% year-on-year. EBITDA jumped 109% to ₹8,074 crore, with margins reaching 59%. Revenue from operations climbed 77% to ₹13,747 crore for the quarter.

Production and Cost Efficiency

Mined metal production hit a Q1 record of 268 KT, up 1% YoY for a fifth straight year. Zinc production costs fell to $851 per tonne, well below the company’s own guidance range. Hindustan Zinc declared an interim dividend of ₹11 per share alongside the results.

Leadership Transition Adds Context

Hindustan Zinc (HINDZINC.NS) appointed Amarendu Prakash as CEO and Whole-time Director, effective August 1, 2026. He previously served as Chairman and Managing Director of SAIL, bringing steel-sector experience. Amit Gupta took over as CFO on June 1, 2026, ahead of the leadership change.

Related Metal and Mining Stocks

Investors tracking Hindustan Zinc often compare it against other metal and mining names on the exchange:

• Vedanta Limited: Hindustan Zinc’s parent company, holding 60.71% equity as of March 31, 2026
• Hindustan Copper: a domestic base-metals peer with a strong three-year return
• Nalco (National Aluminium Company): another state-linked metals producer tied to commodity cycles

Street Reaction

Hindustan Zinc’s rally reflects strong Q1 execution rather than speculative momentum alone. Silver’s outsized contribution to EBITDA makes the stock increasingly sensitive to precious-metal price swings. Continued strength in zinc and silver markets will likely decide the next leg higher.

Disclaimer:

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