Hindustan Zinc shares decline 5% on falling Silver prices, stronger US Dollar
Shares of Hindustan Zinc Ltd. declined 5% on Tuesday, June 23, as silver prices traded lower in the global spot markets. From their peak, Spot Silver prices have corrected nearly 50%. Hindustan Zinc is the only pure listed silver play in India. The metal accounts for around 50% to 45% of the firm’s EBIT, which…
