# Hindustan Zinc shares jump 4% after Q2 net profit more than doubles. Why Jefferies cut target price?

- Source: Economic Times
- Published: 2026-10-21T04:08:59+00:00
- Category: Business
- Original: https://economictimes.indiatimes.com/markets/stocks/news/hindustan-zinc-shares-in-focus-after-q2-net-profit-more-than-doubles-why-did-jefferies-cut-target-price/articleshow/135081741.cms
- Canonical: https://groundlevelnews.com/story/hindustan-zinc-shares-jump-4-after-q2-net-profit-more-than-doubles-why-c0128f/

Hindustan Zinc reported a 142% year-on-year jump in Q2FY27 net profit to Rs 6,412 crore, while revenue rose 77% to Rs 15,093 crore. Despite strong earnings, Jefferies cut its target price to Rs 650 from Rs 750, citing silver price volatility and lower price assumptions for the coming years.

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