Hindustan Zinc shares jump 5% as silver prices near 3 lakh after import duty hike

Published on 13 May 2026

Silver near 3 lakh as duties hit 15 percent

India raised import duties on gold and silver to 15%, pushing precious metal prices higher. Shares of Hindustan Zinc, the country’s largest silver producer, jumped about 5% and Vedanta rose roughly 4% as markets priced in benefits from elevated silver rates. The government also hopes to curb imports and support rupee stability.

Import duties on gold and silver lifted to 15%
Silver prices surged toward Rs 3 lakh per kg
Hindustan Zinc rose around 5% on expected pricing tailwinds
Vedanta also gained as investors bet on higher metals revenue

#import duties #stock market #hindustan zinc #silver prices #vedanta

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Hindustan Zinc shares jump 5% as silver prices near 3 lakh after import duty hike

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