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HZL and Vedanta Stocks Surge: Emkay Highlights Earnings Upgrade Potential

Emkay Global forecasts a 17% earnings upgrade potential for HZL and Vedanta, driven by silver prices and strong production forecasts.
Emkay Global has highlighted the strong earnings upgrade potential behind the recent rally in Hindustan Zinc (HZL) and Vedanta shares. HZL's stock has surged 147% this year, while Vedanta has rallied 131%. Emkay's analysis points to strong medium term visibility, cost advantages, and rising exposure to silver prices. After visiting HZL's Rampura Agucha mine, Emkay's management reiterated confidence in earnings growth, supported by a secure mine life and renewables-led cost benefits. T