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Hindustan Zinc share price surged 9% on Monday, 27 April, after the Vedanta subsidiary posted a strong set of numbers for the quarter ended March 2026.
Hindustan Zinc's Q4FY26 net profit rose 67.6% year-on-year to ₹5,033 crore.
KEY POINTS
- Silver contributed nearly 50% of EBIT, with Q4 silver EBIT surging 49% quarter-on-quarter.
- Zinc production cost dropped to $994 per tonne, its lowest in 16 quarters.
- Brokerages raised FY27-FY28 earnings estimates and target prices, citing higher silver and zinc prices.
- Hindustan Zinc plans $500–600 million capex in FY27, including a 510 ktpa fertiliser plant.
COMPANIES
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