Hindustan Zinc shares rose nearly 2 percent after the company posted strong third-quarter results, helped by a sharp rise in silver prices.
Net profit jumped around 46 percent year-on-year to about ₹3,900 crore, while revenue increased nearly 28 percent, supported by higher metal prices and steady production. Silver emerged as a key earnings driver during the quarter, benefiting from record global prices.
Following the results, several brokerages maintained a positive outlook and raised target prices, citing strong cash flows. However, some analysts advised caution, pointing to rich valuations despite the solid performance.