Economic TimesLean R·
Hindustan Zinc shares drop 4% as India allows large silver imports despite weak demand
Shares of Hindustan Zinc fell around 4% after the Indian government issued permits to import 6,500 metric tonnes of silver over the next six months to meet festive-season demand, Reuters reported. India is the world’s largest consumer of the precious metal.Hindustan Zinc shares dropped to Rs 498.25 apiece on NSE on Friday morning despite the overall optimism in the stock market. The company’s market capitalisation slipped below Rs 2.11 lakh crore.Also read | 6,500 metric tons incoming in next s…
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