Hindustan Zinc shares up by more than 2% as silver price gains further

Hindustan Zinc shares are gaining today. At 1:20 p.m. IST, 26^th December, 2025, the stock is up by 2.13%, trading at Rs 638.15. Nifty 50 index is down by 0.37% at this time. This rise is because of the spurt in price of silver in the past 2 days. At this time, spot price of silver has jumped by 3.92% and is trading at $74.69 per ounce. 1 ounce has 28.35 grams.

Silver price has increased by more than 150% in the past 1 year

Just in the past 15 days, price of silver has increased by almost 25%. In the past 1 year, silver price has increased by more than 150% in the global market.

Hindustan Zinc a producer of silver

Hindustan Zinc is a producer of refined silver. Silver is produced as a byproduct of Hindustan Zinc’s zinc & lead mining and refining operations. The company produces 30 kg bars of silver, 1 kg bars and silver powder.

Silver’s demand has consistently risen with the coming of Electric Vehicles (EVs). Silver finds wide usage in connectors in EV batteries. Silver is a very good conductor of electricity. The use of silver is more in EVs than in conventional automobiles.

Hindustan Zinc shares up by more than 40% this year

Hindustan Zinc shares have gained 43.53% year-to-date (YTD) in 2025. Nifty 50 index has gained 9.72% YTD in 2025. Hindustan Zinc shares have outperformed Nifty 50 index by around 34% this year. Nifty Metal Index has gained around 19% YTD this year. Hindustan Zinc shares have outperformed Nifty Metal index by around 24% this year. The shares are currently trading at 12-month trailing price-to-earnings (P/E) ratio of 25.56. Stocks that make up Nifty Metal index are trading at an average P/E ratio of around 18.

Disclaimer : This content is only for informational purpose. It does not make any recommendation to act or invest.

Source : NSE