Hindustan Zinc shares rise over 3% after Q4 profit grows 47% YoY to Rs 3,003 crore, Nuvama cuts target price

Hindustan Zinc shares rose after Q4FY25 EBITDA beat estimates, driven by strong volumes and lower production costs. Nuvama cut the stock’s target price slightly, citing lower volume growth expectations. Meanwhile, Hindustan Zinc is expanding beyond zinc, lead, and silver into potash, gold, tungsten, and critical minerals, with an eye on lithium prospects in Rajasthan.