Hindustan Zinc becomes India’s most valued metal company on silver price rally; m-cap crosses Rs 3 lakh crore
Hindustan Zinc’s market value crossed Rs 3 lakh crore after a threefold surge in silver prices propelled the stock to the top of India’s metals sector. Shares jumped over 6% on Friday, with the company overtaking peers including parent Vedanta. Strong fundamentals and rising silver prices have prompted multiple broker upgrades.
Hindustan Zinc’s market value crossed Rs 3 lakh crore after a threefold surge in silver prices propelled the stock to the top of India’s metals sector. Shares jumped over 6% on Friday, with the company overtaking peers including parent Vedanta. Strong fundamentals and rising silver prices have prompted multiple broker upgrades.