New Delhi, Jan. 27 -- Shares of Hindustan Zinc, a major producer of silver, surged over 4.5% to a fresh record high on Tuesday, January 27, following a sharp spike in the white metal to a new peak today.

Hindustan Zinc share price rallied to a record high of Rs.731.10 on the BSE today, as against its last closing price of Rs.698.85. The stock is up 17% in January alone, extending its three-year bull run. Hindustan Zinc stock has emerged as a key beneficiary of the surge in precious metals, rising 38% in 2025 amid the best annual run in silver prices in 46 years.

Higher silver prices are positive for companies that produce silver, because their cash flows tend to increase in such a situation. Hindustan Zinc is the world's third-largest s...