Lucknow Super Giants (LSG) skipper Rishabh Pant will play his team's match against Punjab Kings (PBKS), thus allaying injury fears ahead of the important match. During LSG's match against Royal Challengers Bengaluru (RCB) on 15 April, Rishabh Pant was hit on his left arm after facing a short length
Who is Kajal Meena? Rajasthan SDM and RAS topper arrested for accepting bribeKajal Meena, an IIT graduate, was held by the Anti-Corruption Bureau (ACB) on April 16, along with two others. Updated on: Apr 19, 2026 5:10 PM IST By Arya Mishra Share via Copy link A sub-divisional magistrate in
It’s one thing to reach the summit. Staying there is the real test. And right now, Jannik Sinner isn’t backing down from either. Fresh off his Monte Carlo triumph, the newly crowned World No. 1 has confirmed his participation at the Madrid Open
Govt okays ₹12,980-crore maritime insurance poolThe decision will help lower costs for Indian vessels as global underwriters have hiked risk-mitigation charges to historic highs due to the war in West Asia. Published on: Apr 19, 2026 1:44 PM IST By Zia Haq
Milk sits quietly at the centre of Indian households, poured into morning tea, stirred into children’s routines, and trusted almost instinctively as a source of nutrition. But that trust, increasingly, is being questioned. According to Food Safety and Standards Authority of India
Hindustan Zinc Rallies For Fifth Straight Session, Hits New 52-Week High; Jefferies Sees 18% Upside
Hindustan Zinc Rallies For Fifth Straight Session, Hits New 52-Week High; Jefferies Sees 18% Upside
Shares of Hindustan Zinc climbed over 2% on December 15, extending their strong rally to a fifth consecutive session
Hindustan Zinc Share Price: Shares of Hindustan Zinc climbed over 2 per cent on December 15, extending their strong rally to a fifth consecutive session, supported by a sharp surge in silver prices. Jefferies has initiated coverage on the stock with a ‘Buy' rating.
The Vedanta Group company touched a fresh 52-week high of Rs 571.80 per share in early trade before trimming some gains. With this move, the stock has jumped around 17 per cent over the past five straight gaining sessions.
Jefferies initiated coverage on Hindustan Zinc with a ‘Buy' call and set a target price of Rs 660 per share, indicating an upside potential of over 17.5 per cent from the previous closing price of Rs 561.65.
The brokerage said the company stands to benefit significantly from rising silver and zinc prices, as it operates in the first decile of the global zinc mining cost curve. Jefferies expects earnings per share to grow strongly at 22 per cent and 29 per cent in FY26 and FY27, respectively, followed by 7 per cent growth in FY28.
“Silver price has doubled in 2025 to USD 62 at spot. HZ expects the global silver market to remain in deficit in 2025; we assume silver prices of USD 56–60 in 2HFY26–FY28 (3–10 per cent below spot). With HZ hedging 37 per cent of its 2HFY26 silver volumes at USD 37, the full price benefit will come in FY27, providing a big EBITDA boost,” Jefferies said.
The brokerage expects robust cash flows and return on equity for the company, adding that Hindustan Zinc's valuation is supported by the rising contribution of silver to EBIT. The stock is currently trading at 9.2 times FY27 enterprise value to EBITDA, higher than its long-term average of 7.3 times.
Jefferies flagged key risks to its bullish stance, including a decline in silver or zinc prices, lower mine grades, uncertainties around mine renewals beyond 2030, and any adverse related-party events.
A sharp surge in silver prices has largely driven the recent rally in Hindustan Zinc shares. Silver futures on the Multi-Commodity Exchange of India (MCX) rose over 2 percent on Monday, after hitting fresh record highs in the previous session.
Silver futures with March expiry crossed the Rs 2 lakh per kg mark for the first time on Friday. In the spot market, silver breached the USD 60 per ounce milestone for the first time last week.
Hindustan Zinc is India's largest producer of silver and manufactures refined silver with a minimum purity of 99.9 per cent. The sharp rise in bullion prices is expected to further support the stock.
After hitting a 52-week low of Rs 378.15 per share in March this year, the stock has rebounded more than 51 per cent over the past nine months to reach a new record high.
However, Hindustan Zinc shares are still over 60 per cent below their all-time high of Rs 1,443 per share, recorded in January 2011.
Source: News18
Related Posts: Hindustan Zinc Shares Rally 6% As Silver Futures Cross Rs 2 Silver’s historic rally drives Hindustan Zinc shares 6% higher to fresh peak Hindustan Zinc Hindustan Zinc gets licence to explore Supreme Court asks EC to consider further extending deadline for voter list revision in Kerala Armand Duplantis Breaks His Pole Vault World Record For Record-Extending 13th Time Carlsen wins record-extending ninth title Donald Trump signs executive order extending deadline for TikTok closure Donald Trump declares he’ll keep extending TikTok shutdown deadline Chess champion Carlsen wins record-extending 9th title
T-Series founder Gulshan Kumar’s brother Darshan Kumar dies at 70; Mika Singh pays emotional tributeDarshan Kumar, brother of T-Series founder Gulshan Kumar, passed away in Delhi at 70, leaving the music industry mourning his legacy. Apr 19, 2026
2 hours ago
Suicides at NIT Kurukshetra: CPI-M MP Brittas seeks Education Minister's interventionSuicides at NIT Kurukshetra: CPI-M MP Brittas seeks Education Minister's intervention Published on: Apr 19, 2026 11:51 AM IST PTI Share via Copy link New Delhi
2 hours ago
The Union Cabinet, chaired by the Prime Minister Narendra Modi, on Saturday gave its approval for the continuation of Pradhan Mantri Gram Sadak Yojana-III (PMGSY-III) beyond March 2025 upto March 2028. It involves consolidation of Through Routes and Major Rural Links connecting habitations to
2 hours ago
Odisha gets India’s first 3D glass chip packaging plantThe facility set up by US-based 3D Glass Solutions Inc. (3DGS) at Info Valley in Bhubaneswar is worth ₹1,943 crore Published on: Apr 19, 2026 4:51 PM IST By Debabrata Mohanty, Bhubaneswar Share via Copy link Odisha chief minister Mohan
2 hours ago
Chennai Super Kings seized control early, winning the PowerPlay battle against Sunrisers Hyderabad on its own turf – something few teams manage with such authority. Even after losing Sanju Samson early, it surged ahead thanks to Ayush Mhatre’s blistering 13-ball 30
2 hours ago
Pune dermatologist explains how to decide what hair loss treatment is right for you: Hair transplant, PRP or GFCDr Chavan says hair restoration choices depend on follicle health – PRP and GFC work on existing follicles, while transplants are for advanced baldness. Published on: Apr 19
2 hours ago
A Delhi-based entrepreneur has sparked online debate after sharing a raw and honest look at what startup life is really like behind the scenes. Nikhil Gaur, founder of Hypeschool, shared a video on Instagram showing himself arriving at his office at 5 am
2 hours ago
For many years, liver disease has been closely associated with alcohol consumption. However, this is no longer the full picture. Today, doctors are increasingly diagnosing liver disease in people who rarely or never consume alcohol. This condition
2 hours ago
Like everyone else, I cannot wait for Sunday's massive game between Manchester City and Arsenal. From a manager's perspective, both teams have many strengths and very few weaknesses. The same applies to the two men who are in charge of them.Like everyone else
2 hours ago
Andhra Pradesh Deputy Chief Minister Pawan Kalyan underwent surgery on Saturday evening following a health complication, leaving his fans concerned. Now, megastar Chiranjeevi has shared a health update on his brother, Pawan Kalyan, confirming that he is safe, stable
2 hours ago
Gold, silver prices on Akshaya Tritiya 2026: Check latest rates in Delhi, Mumbai, other citiesIf you’re planning to buy jewellery, keep in mind that the final price may be higher, as jewellers typically add making charges and GST to the base rate. Updated on: Apr 19
2 hours ago
The self-enumeration portal for the ongoing Census had been showing Pasighat in Arunachal Pradesh as a Chinese town named Medog, a retired Indian Air Force officer pointed out on Saturday. Hours later, census officials said the error had been resolved
2 hours ago
Iran's Parliament Speaker claimed its forces neutralized 180 drones and targeted a US F-35 stealth fighter, signaling advanced defense capabilities. He linked these military developments to ongoing indirect talks with Washington, stating that while some consensus exists, major differences persist
2 hours ago
‘Extraordinary’ security measures in Pakistan ahead of potential second round of US-Iran talksAuthorities have announced that from Sunday midnight, several sensitive areas surrounding Nur Khan Airbase and Islamabad International Airport will be sealed. Published on: Apr 19
2 hours ago
The poll body noted that over 11,000 violative social media posts have been addressed since March 15, while 3,10,393 complaints were resolved via the C-Vigil app, highlighting a 96.01% resolution rate within 100 minutes. New Delhii: The (ECI) on Saturday reiterated strict compliance with legal
2 hours ago
To understand why India’s China deficit keeps growing, you have to go back further than last year’s trade data. You have to go back 35 years — to 1990, when India and China were, by most measures, economic equals. New Delhi: There is a number buried inside India’s FY26 trade data that
2 hours ago
Blinkit vs Instamart vs roadside vendor: Gurgaon woman reveals cheapest grocery optionA Gurgaon woman compared grocery prices and found roadside vendors were cheaper than Blinkit and Instamart. Published on: Apr 19, 2026 4:08 PM IST By Mahipal Singh Chouhan Share via Copy link A Gurgaon woman has
2 hours ago
Who was Liv Perrotto? Elon Musk fulfils cancer-struck teen's last wish in heartfelt gestureElon Musk responded to 15-year-old cancer patient Liv Perrotto's questions, revealing he won't develop his own phone and sharing his love for anime. Published on: Apr 19
2 hours ago
SSLC grading row: K'taka government files review petition in HCSSLC grading row: K'taka government files review petition in HC Published on: Apr 18, 2026 11:10 PM IST PTI Share via Copy link Bengaluru, The Karnataka government has filed a review petition in the High Court against a single judge
2 hours ago
Kamal Haasan urges Centre to implement women's reservation bill without linking it to delimitationKamal Haasan said that if we are serious about women’s empowerment, 33% reservation must be implemented immediately. Apr 19, 2026, 17:12:50 IST By Santanu Das Share via Copy link Actor and Makkal
2 hours ago
Northeast woman shares how gifting a jhaadu to Delhi landlord changed their relationship: 'United by jhaadu'A Northeast woman shared how gifting a jhaadu transformed her relationship with her landlord in Delhi. Updated on: Apr 19, 2026 4:25 PM IST By Bhavya Sukheja Share via Copy link A
2 hours ago
TCS case: Kin of accused call him ‘high-performer’; blame office politics, jealousy for allegationsTCS case: Kin of accused call him ‘high-performer’; blame office politics, jealousy for allegations Published on: Apr 19, 2026 4:49 PM IST PTI Share via Copy link Nashik
2 hours ago
Beer Price India: The ongoing conflict in West Asia has intensified pressure on the Indian beer sector, triggering a sharp rise in input costs, supply disruptions and continued pricing restrictions. Vivek Gupta, Chief Executive Officer and Managing Director of United Breweries Ltd
2 hours ago
Prime Minister Narendra Modi asserted that the West Bengal assembly election is a fight to preserve the state's identity, accusing the Mamata Banerjee government of favoring "infiltrators" over native populations. He alleged the TMC aims to form a "government of infiltrators and for infiltrators
2 hours ago
New Delhi, Apr 19 (PTI) Delhi Traffic Police has booked 269 people for drunk driving during a special integrated night checking across the national capital, officials said on Sunday. The three-hour operation was conducted between 9 pm and midnight on Saturday in coordination with local police and
2 hours ago
New Delhi:The Reserve Bank of India (RBI) has announced that multiple state governments will raise a total of Rs 16,900 crore through the revised auction of State Government Securities (SGS), scheduled to be conducted on April 21. According to the Central Bank release
2 hours ago
Ukraine's President Volodymyr Zelensky has condemned a US decision to extend the period during which Russia is allowed to sell oil despite Western sanctions. The move means countries can purchase Russian oil and petroleum products already loaded on vessels at sea until 16 May
2 hours ago
