Silver Price Surge Impact: There has been a tremendous rise in the prices of silver for the last few days. Recently, silver prices had crossed the record price of Rs 2 lakh. Due to this surge in silver prices, the shares of the country’s famous businessman Anil Agarwal’s Hindustan Zinc Company are also flying like a rocket.

Due to which his wealth has increased significantly. Let us know how the company’s shares are doing in the market…

There was a surge in shares

Talking about the company shares, in the last six trading days, there has been a strong rise in the shares of Hindustan Zinc and the price has increased by about 15 percent. Due to this rise, the market cap of the company has increased by approximately Rs 32,000 crore.

At the same time, since the beginning of the year 2025 till now, the company shares have given returns of more than 28 percent to the investors. Due to which the company has become one of the best performing stocks in the metal sector.
Silver boom made rich

Recently, there has been a tremendous rise in the prices of silver in the domestic futures market. Recently, silver on MCX had gone above Rs 2 lakh (per kg). Anil Aggarwal’s Hindustan Zinc Company is among the world’s largest silver producing companies. Whose direct impact has been seen on the company’s shares and company’s market cap.

Zinc business also increased the company’s hold

The company is among the world’s lowest cost producers of zinc along with silver, giving it a strong position globally. The company is directly benefiting from lower production costs and better prices in the market. There is also a strong demand for silver at the global level. Due to increasing industrial demand for silver, its prices are also skyrocketing.

Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)

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Hindustan zinc shares: The shares of Hindustan Zinc declined by more than 6 % on Wednesday, June 18 and with this it came to priced at Rs 455.60. There is a big reason behind this decline. In fact, Vedanta Limited sold its 1.71 percent stake in the company through a block deal, which is equal to 7.2 crore shares. That is, Vedanta has sold 7.2 crore shares of the company through the block deal.

Shares also saw lethargy

It is being told that this deal was done for Rs 3,323 crore at a floor price of Rs 460.5 per share. After this deal, Vedanta’s shares also declined, which slipped 0.20 percent to Rs 458.

Whose share in Hindustan Zinc

Let us know that Vedanta has a 63.42 percent stake in Hindustan Zinc and the Government of India has 27.92 percent stake. Apart from these, LIC and foreign institutional investors have the remaining stake.

Investment of 12000 crores in Hindustan Zinc

Even though there is a huge selling pressure in the shares of Hindustan Zinc after this block deal, the company is focusing on its long term growth. The company’s board has approved an ambitious plan to increase its production capacity of zinc, lead and silver.

Under this project of Rs 12,00 crore, the production of refined metal will be increased to 250 kilotons annually. It also includes upgradation of mining and milling. The company aims to complete this project within 36 months.

Despite this decline in the company’s shares on Wednesday, brokerage firms remain positive about it. JM Financial has maintained its rating of ‘buy’ on the company’s stock with its target price of Rs 550, which is 13 percent more than its current price.

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