Silver Price Surge Impact: There has been a tremendous rise in the prices of silver for the last few days. Recently, silver prices had crossed the record price of Rs 2 lakh. Due to this surge in silver prices, the shares of the country’s famous businessman Anil Agarwal’s Hindustan Zinc Company are also flying like a rocket.
Due to which his wealth has increased significantly. Let us know how the company’s shares are doing in the market…
There was a surge in shares
Talking about the company shares, in the last six trading days, there has been a strong rise in the shares of Hindustan Zinc and the price has increased by about 15 percent. Due to this rise, the market cap of the company has increased by approximately Rs 32,000 crore.
At the same time, since the beginning of the year 2025 till now, the company shares have given returns of more than 28 percent to the investors. Due to which the company has become one of the best performing stocks in the metal sector.
Silver boom made rich
Recently, there has been a tremendous rise in the prices of silver in the domestic futures market. Recently, silver on MCX had gone above Rs 2 lakh (per kg). Anil Aggarwal’s Hindustan Zinc Company is among the world’s largest silver producing companies. Whose direct impact has been seen on the company’s shares and company’s market cap.
Zinc business also increased the company’s hold
The company is among the world’s lowest cost producers of zinc along with silver, giving it a strong position globally. The company is directly benefiting from lower production costs and better prices in the market. There is also a strong demand for silver at the global level. Due to increasing industrial demand for silver, its prices are also skyrocketing.
Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)
Also read: Stock Market Today: Stock market regained its glory, Sensex rose 176 points, Nifty crossed 25,916.
