HSBC upgrades Hindustan Zinc to Buy ahead of Q3, ups target price for 2 more metal stocks. Check details by ET Markets | January 19, 2026 4:04 pm | Indian Stocks, Market, News HSBC upgraded Hindustan Zinc to Buy ahead of its Q3 results and raised target prices for Hindalco and NALCO, citing higher LME price forecasts, improved EBITDA estimates and a favourable outlook for aluminium, zinc and silver markets.