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Hindustan Zinc Ltd gained for a third straight session today. The stock is quoting at Rs 541, up 2.75% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.02% on the day, quoting at 23816.5. The Sensex is at 76935.59, up 0.02%. Hindustan Zinc Ltd has slipped around 3.56% in last one month.
Meanwhile, Nifty Metal index of which Hindustan Zinc Ltd is a constituent, has slipped around 1.65% in last one month and is currently quoting at 12146.15, up 1.2% on the day. The volume in the stock stood at 24.11 lakh shares today, compared to the daily average of 35.16 lakh shares in last one month.
The benchmark November futures contract for the stock is quoting at Rs 543.65, up 4.16% on the day. Hindustan Zinc Ltd is up 15.8% in last one year as compared to a 6.64% slide in NIFTY and a 19.55% slide in the Nifty Metal index.
The PE of the stock is 10.77 based on TTM earnings ending September 26.
Hindustan Zinc Ltd dropped for a fifth straight session today. The stock is quoting at Rs 493.8, down 0.44% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.22% on the day, quoting at 22650.05. The Sensex is at 73281.69, up 0.22%.Hindustan Zinc Ltd has lost around 13.82% in last one month.Meanwhile, Nifty Metal index of which Hindustan Zinc Ltd is a constituent, has eased around 9.86% in last one month and is currently quoting at 11478.2, up 0.95% on the day. The volume in the stock stood at 15.12 lakh shares today, compared to the daily average of 34.57 lakh shares in last one month.
The benchmark October futures contract for the stock is quoting at Rs 495.6, down 0.22% on the day. Hindustan Zinc Ltd jumped 2.38% in last one year as compared to a 12.77% slide in NIFTY and a 10.7% spurt in the Nifty Metal index.
The PE of the stock is 10.19 based on TTM earnings ending September 26.
Jindal Stainless Ltd lost 2.5% today to trade at Rs 715.05. The BSE Metal index is down 1.41% to quote at 37401.64. The index is down 8.97 % over last one month. Among the other constituents of the index, Hindustan Zinc Ltd decreased 2.33% and National Aluminium Company Ltd lost 2% on the day. The BSE Metal index went up 10.35 % over last one year compared to the 13.13% fall in benchmark SENSEX.
Jindal Stainless Ltd has lost 3.82% over last one month compared to 8.97% fall in BSE Metal index and 1.59% drop in the SENSEX. On the BSE, 55 shares were traded in the counter so far compared with average daily volumes of 35073 shares in the past one month. The stock hit a record high of Rs 883.25 on 07 Jan 2026. The stock hit a 52-week low of Rs 652.45 on 11 Jun 2026.
Vedanta Group's flagship company, Vedanta announced the doubling of its annual zinc production capacity to 500,000 tonnes at its South Africa zinc operations. This is through an investment of nearly US$ 600 Mn at Gamsberg (Phase II) at Vedanta Zinc International (VZI).
Gamsberg, in South Africa's Northern Cape province, has one of the world's most significant zinc deposits and VZI's flagship zinc mine. This expansion marks one of the largest mining investments in South Africa in this decade. The expansion further advances Vedanta's position as the world's largest zinc producer, with a vision of achieving 3 million tonnes of annual production across India and South Africa.
Of this, 2 million tonnes are targeted from its subsidiary, Hindustan Zinc, while Vedanta Zinc International business aims to contribute 1 million tonnes annually.
This expansion forms part of the ZAR 21 Bn (nearly US$ 1.5 Bn) investment commitment Vedanta made at the 2018 South Africa Investment Conference. At last month's 18th BRICS Summit in New Delhi, President Ramaphosa called for increased Indian investment in key South African industries. Vedanta's continued investment in the Northern Cape demonstrates the tangible value of this growing economic partnership.
Metal shares witnessed buying demand for three consecutive trading sessions.
At 13:27 IST, the barometer index, the S&P BSE Sensex jumped 303.70 points or 0.41% to 74,625.53. The Nifty 50 index added 82.50 points or 0.36% to 23,353.60.
In the broader market, the Nifty Midcap 100 index rose 0.88%. The Nifty Smallcap 100 index rose 1.40%.
On the NSE, 2,276 shares were trading in green, while 1,202 shares were trading in red. A total of 102 shares were unchanged.
IPO Update:
National Stock Exchange of India (NSE) received bids for 8,48,73,944 shares as against 8,86,42,911 shares on offer, according to stock exchange data at 14:06 IST on 18 September 2026. The issue was subscribed 0.96 times.
The issue opened for bidding on 17 September 2026 and will close on 21 September 2026. The price band of the IPO is fixed between Rs 1,700 and 1,785 per share. An investor can bid for a minimum of 8 equity shares and multiples thereof.
Hero Motors received bids for 48,74,06,898 shares as against 8,86,07,596 shares on offer, according to stock exchange data at 14:06 IST on 17 September 2026. The issue was subscribed 5.50 times.
The issue opened for bidding on 16 September 2026 and will close on 18 September 2026. The price band of the IPO is fixed between Rs 79 and 84 per share. An investor can bid for a minimum of 178 equity shares and multiples thereof.
Buzzing Index:
The Nifty Metal index jumped 1.19% to Rs 13,012.10. The index jumped 2.71% in the three consecutive trading sessions
Welspun Corp (up 5.63%), Jindal Stainless (up 3.12%), Hindustan Zinc (up 2.39%), Hindustan Copper (up 2.27%), Adani Enterprises (up 2.04%), APL Apollo Tubes (up 2.01%), Lloyds Metals & Energy (up 1.56%), Steel Authority of India (up 1.52%), Vedanta (up 1.48%) and JSW Steel (up 1.14%) surged.
Numbers to Track:
The yield on India's 10-year benchmark federal paper rose 0.07% to 7.056 compared with the previous session close of 7.051.
In the foreign exchange market, the rupee edged higher against the dollar. The partially convertible rupee was hovering at 95.8750 compared with its close of 95.8975 during the previous trading session.
MCX Gold futures for 5 October 2026 settlement rose 0.78% to Rs 1,54,141.
The US Dollar Index (DXY), which tracks the greenback's value against a basket of currencies, was up 0.11% to 100.36.
The United States 10-year bond yield added 0.06% to 4.950.
In the commodities market, Brent crude for the November 2026 settlement declined $1.71 or 1.63% to $103.11 a barrel.
Hindustan Zinc Ltd is up for a third straight session in a row. The stock is quoting at Rs 585.1, up 2.24% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.24% on the day, quoting at 23325.6. The Sensex is at 74505.4, up 0.26%. Hindustan Zinc Ltd has risen around 5.04% in last one month.
Meanwhile, Nifty Metal index of which Hindustan Zinc Ltd is a constituent, has risen around 0.33% in last one month and is currently quoting at 12858.45, up 0.94% on the day. The volume in the stock stood at 48.26 lakh shares today, compared to the daily average of 67.37 lakh shares in last one month.
The benchmark September futures contract for the stock is quoting at Rs 585, up 1.93% on the day. Hindustan Zinc Ltd is up 29.15% in last one year as compared to a 7.9% drop in NIFTY and a 29.93% drop in the Nifty Metal index.
The PE of the stock is 14.33 based on TTM earnings ending June 26.
National Aluminium Company Ltd lost 4.07% today to trade at Rs 356.3. The BSE Metal index is down 2.76% to quote at 41045.06. The index is down 2.55 % over last one month. Among the other constituents of the index, Hindalco Industries Ltd decreased 4.06% and Hindustan Zinc Ltd lost 3.67% on the day. The BSE Metal index went up 26.2 % over last one year compared to the 8.88% fall in benchmark SENSEX.
National Aluminium Company Ltd has lost 14.86% over last one month compared to 2.55% fall in BSE Metal index and 4.69% drop in the SENSEX. On the BSE, 19614 shares were traded in the counter so far compared with average daily volumes of 4.13 lakh shares in the past one month. The stock hit a record high of Rs 445.1 on 27 Apr 2026. The stock hit a 52-week low of Rs 198.8 on 26 Sep 2025.
MFL India is a logistics solutions provider focused on enabling reliable, efficient, and sustainable movement of materials across critical industries.
Under the contract, extendable by a further two years, electric trucks will be progressively inducted to replace conventional diesel vehicles used for transporting zinc and lead concentrate from Rampura Agucha, the world’s largest underground zinc mining operations to its smelting operations in Rajasthan.
MFL will also establish and operate dedicated EV charging infrastructure to support the fleet, creating the ecosystem required for reliable electric mobility across a critical industrial logistics route.
Amarendu Prakash, CEO & whole-time director, Hindustan Zinc, said: 'The future of mining will be defined not only by the metals we produce, but by how responsibly and efficiently we produce and move them.
The contract for deployment of EV trucks for concentrate transportation is yet another step towards that future, demonstrating how industrial decarbonisation can strengthen competitiveness while creating an ecosystem in which our partners and communities grow with us.'
Hindustan Zinc, a Vedanta Group company, is the world’s largest integrated zinc producer and is amongst the top ten silver producers globally.
The company had reported a consolidated net profit of Rs 5,469 crore in Q1 FY27, which is higher by 145% as compared with the PAT figure of Rs 2,234 crore recorded in Q1 FY26. Revenue from operations stood at Rs 13,747 crore during the quarter, up 77% YoY.
The scrip shed 0.73% to currently trade at Rs 601.55 on the BSE.