Hindustan Zinc rallies over 4%. But will the shine last?

Hindustan Zinc’s share price jumped over 4 per cent on Monday (June 9, 2025), reaching nearly Rs 525 per share. The trigger? A board meeting scheduled for June 11 to consider the first interim dividend for FY26. Add a red-hot silver rally to the mix, and you’ve got the perfect storm for a price pop. Why is the share price moving? Dividend bait: The company’s June 11 board meeting is expected to declare an interim dividend. The record date is June 17, drawing short-term investors chasing payouts. Silver rally: Silver prices are up sharply, trading above Rs 1.05 lakh per kilogram on MCX. This boosts realisations for Hindustan Zinc, India’s largest silver producer. Liquidity boost: The RBI’s surprise rate cut last week added fuel to the broader rally in cyclical and commodity-linked stocks. Is the rally sustai