NSE: HINDZINC · 23 October 2026
- Hindustan Zinc Limited shares declined 4.25% today, closing at ₹496.0 after moving between an intraday high of ₹506.75 and a low of ₹492.0. The stock opened lower at ₹505.65 compared to its previous close of ₹518.0.
- Hindustan Zinc Limited submitted its unaudited consolidated and standalone financial results for the quarter and half year ended September 30, 2026. The company posted a record quarterly net profit of ₹6,412 crore, up 142% year-on-year, driven by highest-ever quarterly revenue from operations of ₹15,093 crore and an EBITDA of ₹9,285 crore with an industry-leading margin of 62%.
- Trading volume was 1.31 times the 20-day average daily volume.
Why is Hindustan Zinc share price falling on 23 October 2026?
Hindustan Zinc Limited shares declined 4.25% today, closing at ₹496.0 after moving between an intraday high of ₹506.75 and a low of ₹492.0. The stock opened lower at ₹505.65 compared to its previous close of ₹518.0.
The broader market and sectoral benchmarks reflected a weak sentiment during the trading session. The Nifty index declined 0.39%, while the sector benchmark Nifty Metal dropped 2.71%, indicating broader weakness across metal equities. Hindustan Zinc's 4.25% decline outpaced the sectoral correction, extending its recent corrective phase that includes a 6.59% loss over the past 5 trading days and a 16.70% decline over the past 20 trading days.
While the company reported strong financial and operational figures for the second quarter ended September 30, 2026—including a record quarterly net profit of ₹6,412 crore up 142% year-on-year and highest-ever revenue of ₹15,093 crore up 77% year-on-year—these earnings were announced on October 19, 2026. Today's price movement appears aligned with ongoing profit-taking, broader metal sector weakness, and technical retracement following recent downward momentum rather than a fresh corporate catalyst.
44.72 lakh shares traded by 23 October 2026 · 03:30 PM IST. This compares with a 20-day average daily volume of 34.24 lakh shares (1.31 times). The five-day average daily volume was 53.95 lakh shares. Separately, the NSE report for 23 October 2026 showed 19.12 lakh shares delivered, representing 42.76% of that day’s traded volume. The same report recorded 78,745 trades.
The stock's decline of 4.25% coincides with a weak sectoral backdrop led by the Nifty Metal index drop of 2.71% and active trading volume at 1.31 times its 20-day average. In the absence of same-day corporate catalysts, the price action reflects ongoing technical retracement and broader selling pressure in mining equities.
Latest Company Developments
Hindustan Zinc Limited submitted its unaudited consolidated and standalone financial results for the quarter and half year ended September 30, 2026. The company posted a record quarterly net profit of ₹6,412 crore, up 142% year-on-year, driven by highest-ever quarterly revenue from operations of ₹15,093 crore and an EBITDA of ₹9,285 crore with an industry-leading margin of 62%.
Demonstrates robust operational efficiency, higher metal prices, and enhanced silver realizations contributing to multi-quarter high profitability.
The company announced the voting results of its Postal Ballot, confirming that shareholders approved the appointment of Mr. Amarendu Prakash as a Director and Whole-time Director designated as Chief Executive Officer for a three-year term effective August 01, 2026, alongside the appointment of Dr. Yogesh Attray as an Independent Director.
Formalizes top-level executive leadership and board composition to steer long-term strategic growth and operational execution.
The company released its production numbers for the second quarter and half year ended September 30, 2026, reporting record second quarter mined metal production of 271 thousand tonnes up 5% year-on-year and best-ever refined metal production of 264 thousand tonnes up 7% year-on-year. Silver production reached 173 tonnes, marking a 20% year-on-year increase.
Underscores volume growth across core mined and refined assets, supporting stronger top-line performance and lower unit production costs.
Volumes should continue to grow even if prices soften: Hindustan Zinc CEO Business Standard
a press release dated October 19, 2026, titled "Hindustan Zinc Limited, the World's Largest Integrated Zinc Producer, announces Results for the Second Quarter and Half Year ended September 30, 2026".
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 1.77% on 30 September 2026. This compares with 1.41% on 30 June 2026, a change of +0.36 percentage points.
The filing reported 43 MF/UTI holders.
What to Watch Next
- Sustained delivery volume participation relative to the 42.76% delivery rate recorded today
- Price action relative to the 52-week low of ₹453.5
- Execution of ongoing decarbonization initiatives and EV truck deployments
- Global zinc and silver price trends on the London Metal Exchange and London Bullion Market Association
Other Dated Coverage
- Hindustan Zinc Share Price Today: Why HINDZINC Is Falling 1.33% | 22 October 2026 — 22 October 2026
- Hindustan Zinc Share Price Today: Why HINDZINC Is Rising 0.15% | 21 October 2026 — 21 October 2026
- Hindustan Zinc Share Price Today: Why HINDZINC Is Falling 0.66% | 19 October 2026 — 19 October 2026
More Hindustan Zinc news and dated analysis →
Frequently Asked Questions
What is the latest Hindustan Zinc company news?
Hindustan Zinc Limited submitted its unaudited consolidated and standalone financial results for the quarter and half year ended September 30, 2026. The company posted a record quarterly net profit of ₹6,412 crore, up 142% year-on-year, driven by highest-ever quarterly revenue from operations of ₹15,093 crore and an EBITDA of ₹9,285 crore with an industry-leading margin of 62%.
How strong was Hindustan Zinc’s trading volume?
44.72 lakh shares traded, 1.31 times the 20-day average daily volume. The price and volume data are dated 23 October 2026 · 03:30 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.