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Friday, October 23, 2026Updated 10:29 UTC

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Hindustan Zinc shares drop 4% as India allows large silver imports despite weak demand

Source: Economic Times · Oct 23, 2026 05:23 UTC

Aerial view of a shipping-container yard at the port in Charleston, South Carolina — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

Hindustan Zinc shares fell sharply on Friday after India issued permits to import 6,500 metric tonnes of silver over the next six months to meet festive-season demand. The move could ease domestic premiums amid weak demand, while silver futures declined around 3%. The stock is down over 18% so far in 2026.

Read the full story at Economic Times

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