# Hindustan Zinc shares surge: Should investors buy? Company's Q1 profit jumps 145%, brokers maintain 'Buy' ratings. - **Source:** [Economic Times](https://brifing.si/source/37791137-c35a-4ffe-b6a9-fe103afc9e48) - **Published:** 2026-07-27 - **Topic:** [Finance](https://brifing.si/c/finance) - **Original article:** - **On Brifing:** https://brifing.si/s/0eb1de2c-e48b-47cf-ba5d-2571f066cd1d ## Record profits at Hindustan Zinc Hindustan Zinc reported a 145% YoY increase in net profit to Rs 5,469 crore in Q1 FY27. Revenue grew 77% to Rs 13,747 crore. This performance drove the company's shares up 2% on BSE, reaching a daily high of Rs 541. ## Cost control and price advantages Lower production costs and high metal prices pushed EBITDA to Rs 7,990 crore, exceeding estimates. Zinc and silver price increases significantly boosted profitability. Nuvama set a target price of Rs 700 per share. ## Brokerage perspectives JM Financial maintained its 'Buy' recommendation, citing industry-leading cost position and strong balance sheet. Motilal Oswal kept a 'Neutral' rating, noting current valuations reflect positive factors. Different target prices present various scenarios for investors. ## Capacity expansion plans Hindustan Zinc aims to double current capacity with a 250ktpa zinc smelter expansion project scheduled for completion in Q2 FY29. This long-term growth move could enhance the company's earnings visibility. ## Risks and opportunities LME and silver price fluctuations may serve as short-term earnings catalysts. However, limited capacity increases and metal price volatility present both risks and opportunities. Investors should closely monitor industry dynamics. ## Key takeaways for investors Hindustan Zinc demonstrates strong performance through high metal prices and cost control. Most brokers' 'Buy' recommendations and 20-32% potential upside enhance the stock's appeal. However, current valuations already reflect positive factors. ## Sources covering this story - https://economictimes.indiatimes.com/markets/stocks/news/hindustan-zinc-shares-gain-2-as-q1-net-profit-soars-145-yoy-should-you-buy-sell-or-hold/articleshow/132652050.cms — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._