Hindustan Zinc Nifty Metal Gainer this week

Hindustan Zinc Limited

gained 2.22 per cent on Friday, September 4, 2026 — the third-biggest gainer in the Nifty Metal index on a day when the sector rose 1.07 per cent to emerge as the best-performing sectoral index, with APL Apollo Tubes up 4.20 per cent and Tata Steel up 2.49 per cent leading the pack. Hindustan Zinc Limited rising on Friday adds a zinc-specific dimension to the week's metal sector story. While Hindalco's aluminium story has been driven by Norsk Hydro's Alunorte production swings, and Tata Steel's story has been anchored to global crude steel supply-demand dynamics, Hindustan Zinc's performance is primarily a function of LME zinc prices, Indian domestic infrastructure demand, and the silver byproduct revenue stream that makes it one of the most unique commodity plays on the Nifty. Silver prices have risen approximately 18 per cent in calendar year 2026, driven by industrial demand from solar panel manufacturing and the EV battery sector — both of which use silver in quantities that are growing faster than annual mine supply can accommodate. As India's largest zinc and lead producer with significant silver output, Hindustan Zinc benefits directly from that silver price appreciation without any change in its operational profile. The Vedanta Group holds the majority stake in Hindustan Zinc following the government's partial divestment in prior years. The company declared a first interim dividend for FY27 — human RA must verify the declared amount and record date before publishing. Q1 FY27 revenue and profit metrics are available on the company's investor relations page and should be verified before insertion.