Hindustan Zinc: Strong Q2 Meets Triangle Support

reported Q2 FY27 net profit of Rs 6,412 crore, more than double the year-ago quarter, on revenue of Rs 14,582 crore, up 76.7%. EBITDA rose 108% to Rs 9,285 crore at a margin of about 62%. The company pointed to higher metal production and prices, lower costs and a stronger dollar. Mined metal output was a record 271 KT (+5%), the zinc cost of production fell 29% to $703 per tonne, and silver output rose 20% to 173 tonnes. Free cash flow before growth capex was Rs 6,389 crore. For H1, net profit was Rs 11,881 crore, up 143%. On the daily chart, the stock has moved inside a large symmetrical triangle since the November 2025 low and the January high. It now trades near 538, at the lower boundary of the triangle, with RSI at 40.15. The lower line has held on earlier tests, and the recent dip below it was brief, with price closing back near it. Support below: 518-520, then 485. Resistance: 575-580, then the upper line near 600-605. Strong numbers are meeting a key chart zone. A sustained close below the lower line would weaken the pattern, while holding it would keep the structure intact. When strong fundamentals meet a key chart support, the price reaction there helps show whether the market already values the numbers or still needs convincing. Disclaimer: This is for educational purposes only and is not investment advice. Please consult your financial advisor before making any investment decisions. SEBI Registered Research Analyst — INH000025212. Source: Financial Express (Hindustan Zinc Q2 FY27 results report).