What is the future projection of silver stocks?

Based on the latest news and reports, here's the future projection of Silver Sector - India is the largest silver consumer globally. Solar PV to drive 170% demand growth by 2030. Silver prices at record highs in 2025 and used as dual-use metal. Disclaimer: This is only for educational purposes as the latest data is derived from major financial research reports.

Do silver stocks offer regular dividends?

Dividend distribution in silver-related stocks depends on the company’s core operations. Mining and metal companies like Hindustan Zinc and Vedanta have historically declared dividends. Jewellery-focused silver players may or may not follow regular dividend policies due to retail-driven earnings volatility.

What are the factors affecting silver stocks prices?

Silver stock prices move with global silver prices, which are driven by industrial demand (solar panels, electronics), investment demand (as a hedge against inflation), mining output, and geopolitical developments. For listed companies, operational performance, cost efficiency, and forex rates are additional factors.

Best Silver Stocks in India (2025)

Q: How to invest in Silver Stocks?

Here’s how you can invest in Silver stocks - Go to the Tickertape Stock Screener Select the "Silver" stocks. From the Silver stocks, analyse and sort the Silver stocks using over 200+ filters—including valuation ratios, financials, technical indicators, and more—based on your investment thesis. Review the filtered list, and identify stocks that best align with your risk appetite, return expectations, and investment goals. Once you've shortlisted the stocks, click ‘Place Order’ to invest in your preferred Silver stocks. Disclaimer: Please do your own research or consult your financial advisor before investing.

Stocks of companies engaged in silver mining, refining, trading, or producing silver-based products for industries like electronics, jewelry, and renewable energy, often considered as a hedge against inflation.

Top Silver Stocks in 2025

Silver Stock Screener

Silver Stock Screener: Analyse & Filter Indian Stocks on Tickertape

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Showing 1 - 5 of 5 results

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	NameStocks (5)↓	↓Sub-SectorSub-Sector↓	↓Market CapMarket Cap↓	↓Close PriceClose Price↓	↓PE RatioPE Ratio↓	↓1D Return1D Return↓	↓1M Return1M Return↓	↓6M Return6M Return↓	↓1Y Return1Y Return↓	↓PB RatioPB Ratio↓	↓Return on EquityReturn on Equity↓	↓ROCEROCE↓	↓Dividend YieldDiv Yield↓	↓Debt to EquityDebt to Equity↓	↓Volatility vs NiftyVolatility vs Nifty↓
1.	Hindustan Zinc Ltd HINDZINC	Mining - DiversifiedMining - Diversified	2,13,125.092,13,125.09	496.75496.75	20.5920.59	-1.52-1.52	5.185.18	6.146.14	-2.01-2.01	15.9915.99	72.6072.60	62.8962.89	5.765.76	0.820.82	2.732.73
2.	Vedanta Ltd VEDL	Metals - DiversifiedMetals - Diversified	2,08,083.712,08,083.71	529.65529.65	13.8813.88	-0.59-0.59	3.183.18	21.2421.24	13.0813.08	3.873.87	31.2831.28	29.1129.11	8.178.17	1.701.70	2.512.51
3.	NMDC Ltd NMDC	Mining - Iron OreMining - Iron Ore	66,861.7766,861.77	75.9775.97	10.2410.24	-0.11-0.11	0.480.48	7.997.99	-2.63-2.63	2.252.25	23.5923.59	29.7429.74	4.344.34	0.140.14	2.482.48
4.	Thangamayil Jewellery Ltd THANGAMAYL	Precious Metals, Jewellery & WatchesPrecious Metals, Jewellery & Watches	10,188.0610,188.06	3,241.203,241.20	85.8285.82	-1.12-1.12	17.6017.60	69.1169.11	61.3361.33	9.249.24	14.8814.88	16.6016.60	0.380.38	0.720.72	4.314.31
5.	Goldiam International Ltd GOLDIAM	Precious Metals, Jewellery & WatchesPrecious Metals, Jewellery & Watches	4,293.144,293.14	380.00380.00	36.6836.68	-0.05-0.05	1.391.39	4.454.45	4.894.89	5.765.76	16.9516.95	22.6122.61	0.750.75	0.040.04	4.924.92

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How to Invest in Silver Stocks?

Investing in Silver stocks using Tickertape is a straightforward process. Tickertape is a powerful stock analysis and screening tool that helps you make informed investment decisions. Here’s how you can use Tickertape to invest in Silver stocks:

Sign Up and Log In: You can create an account on the Tickertape or log in if you already have one.
Search for Silver Stocks: Go to Tickertape Stock Screener and select “Silver Stocks” that aligns with your investment thesis.
Use Filters: You can apply over 200 filters to get stocks sorted based on criteria like market cap, P/E ratio, or dividend yield. You can create your own custom filter, in case your preferred parameters are not available. This can help you narrow down the top Silver stocks in India.
Analyse Stock Data: Tickertape provides comprehensive data on each stock, including financials, performance metrics, future projections, red flags, and more. You can review this data to assess each company’s health and potential in depth.
Add to Watchlist: You may keep track of potential investments by adding them to your watchlist.
Invest Through Your Broker: Once you’ve decided on a stock, you can place a buy order through your brokerage account linked to Tickertape.

Overview of the Best Silver Stocks in India

Hindustan Zinc Ltd

Hindustan Zinc, a Vedanta Group company, is India’s largest producer of zinc, lead, and silver, playing a key role in the metals and mining sector with a strong export presence.

Vedanta Ltd

Vedanta is a diversified natural resources company with operations in zinc, aluminium, oil & gas, copper, and iron ore, focusing on large-scale mining and resource extraction across India and abroad.

NMDC Ltd

NMDC is India’s largest iron ore producer, supplying raw material to steelmakers, and expanding into coal, gold, and diamond mining as part of India’s resource self-reliance strategy.

Thangamayil Jewellery Ltd

Thangamayil is a prominent South India-based retail jeweller, specializing in gold, silver, and diamond jewellery, catering to traditional and contemporary tastes through its growing network of stores.

Goldiam International Ltd

Goldiam International is a manufacturer and exporter of diamond-studded gold and platinum jewellery, serving global retailers with certified, conflict-free diamonds and a focus on sustainable sourcing and manufacturing practices.

What Are Silver Stocks?

Silver stocks are publicly listed companies whose revenues and profits are significantly influenced by the production, processing, trading, or consumption of silver. These fall into three categories:

Silver Miners: Companies that extract silver from the earth, often alongside zinc, lead, or copper.
Silver Traders/Refiners: Firms that import, refine, and distribute silver bullion and coins.
Jewellery and Exporters: Businesses that use silver as a raw material for ornaments, artefacts, and industrial use.

Silver Demand & Supply Outlook in 2025

Industrial Demand is Booming

Silver is no longer just a precious metal—it’s an industrial workhorse.

Solar Energy: Silver is a key component in photovoltaic (PV) cells. With India targeting 500 GW non-fossil capacity by 2030, silver demand from solar is projected to rise 50%+ by 2027.
Electric Vehicles (EVs): Every EV uses 25–50g of silver in wiring, sensors, and battery systems.
Electronics & 5G: From semiconductors to mobile devices, silver’s conductivity makes it indispensable.

As the world transitions to clean tech and electrification, silver becomes the “energy metal” of the future.

Tight Supply and Deficit Widening

According to the Silver Institute, global silver demand outpaced supply by 200 million ounces in 2024, and the deficit is expected to widen in 2025. Key issues:

Declining ore grades
Delays in new mines
Export restrictions in Latin America
Limited silver-specific mines (most silver is produced as a by-product)

This imbalance creates a bullish pricing environment, a trend likely to support silver-linked equities.

Safe-Haven & Investment Demand

With interest rate cuts expected from the US Fed, gold and silver often gain as inflation hedges.
In India, silver imports surged 70% YoY in FY24 amid increased retail buying and jeweller restocking.
Central banks, including the RBI, are exploring silver reserves for diversification.

In short, silver demand is not only growing, but it’s becoming mission-critical for global technology and energy security.

Advantages of Investing in Silver Stocks

Leverage to Silver Price

A ₹10 rise in silver prices may double profits for a low-cost producer. This is because mining and refining costs are relatively fixed, so higher prices go straight to the bottom line.

Dual Benefit: Precious + Industrial

Silver is both a commodity and a precious metal—offering price support in recessions (as a safe haven) and booms (via industrial demand).

ESG & Clean Energy Boost

India’s and the world’s green energy transition, especially solar and EV manufacturing, is driving non-jewellery silver demand. Investors gain indirect exposure to clean tech through silver stocks.

Local + Global Exposure

Stocks like Hindustan Zinc have domestic operations but global pricing exposure, allowing for currency hedging and margin expansion in bullish cycles.

Dividends and Institutional Interest

Major silver stocks like HZL and Vedanta have historically paid generous dividends, making them suitable for income-seeking investors.

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Risks of Investing in Silver Stocks

High Volatility

Silver prices are more volatile than gold. This translates into a higher beta for silver stocks, which may not suit conservative investors.

Regulatory & Mining Risk

Mines are subject to licensing, environmental norms, and local opposition. Policy changes can delay expansion or affect profitability.

Currency and Global Dependence

Global silver prices are in USD. Hence, INR/USD fluctuations impact earnings. Also, export-centric companies depend on international demand and tariffs.

Operating Risk

Labour unrest, fuel cost spikes, and mining accidents can affect productivity. Diversified companies fare better than single-mine operations.

Concentrated Indian Market

India has few pure silver players, making diversification tricky. Global silver ETFs or international miners may be required for broader exposure.

Factors to Consider Before Investing in Silver Stocks

Silver Output (in tonnes or ounces)

Indicates the company's scale of operations and revenue potential. Higher output, greater sensitivity to price movements.

Cost per Ounce (AISC – All-In Sustaining Cost)

Measures production efficiency. Lower AISC means better profit margins when silver prices rise.

Net Profit Margin & Return on Equity (RoE)

Helps gauge how efficiently the company converts revenue into profit and utilizes shareholder capital.

Debt-to-Equity Ratio

Should ideally be below 1. High debt levels can strain the balance sheet during commodity price corrections.

Dividend Yield

Relevant for income-focused investors. Some silver stocks like Hindustan Zinc offer yields of 3–5%.

ESG Compliance & Sustainability Reporting

Mining and refining are environmentally sensitive. Look for companies aligned with environmental norms and global ESG benchmarks.

To Wrap Up…

Silver is no longer just about jewellery and coins—it’s fast becoming a cornerstone of future-proof technologies like solar energy, electric vehicles, and 5G infrastructure. As the world shifts towards decarbonisation and electrification, industrial demand for silver is booming, while global supply remains constrained. This evolving demand-supply dynamic makes India’s limited pool of listed silver-related stocks a strategic opportunity for forward-looking investors.

However, silver is still a volatile commodity, and investing in silver stocks requires a sharp understanding of macroeconomic trends, global price movements, and company-specific fundamentals. With over 200+ filters, you can evaluate silver sector stocks various factors on Tickertape Stock Screener and identify silver stocks that aligns with your investment thesis.

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Frequently Asked Questions on Silver Stocks

What are Silver Stocks?
Stocks of companies involved in mining, trading, or refining silver and silver-based industrial or investment products.
How to invest in Silver Stocks?
Here’s how you can invest in Silver stocks -
1. Go to the Tickertape Stock Screener
2. Select the "Silver" stocks.
3. From the Silver stocks, analyse and sort the Silver stocks using over 200+ filters—including valuation ratios, financials, technical indicators, and more—based on your investment thesis.
4. Review the filtered list, and identify stocks that best align with your risk appetite, return expectations, and investment goals.
5. Once you've shortlisted the stocks, click ‘Place Order’ to invest in your preferred Silver stocks.
Disclaimer: Please do your own research or consult your financial advisor before investing.
What is the future projection of silver stocks?
Based on the latest news and reports, here's the future projection of Silver Sector -
1. India is the largest silver consumer globally.
2. Solar PV to drive 170% demand growth by 2030.
3. Silver prices at record highs in 2025 and used as dual-use metal.
Disclaimer: This is only for educational purposes as the latest data is derived from major financial research reports.
Do silver stocks offer regular dividends?
Dividend distribution in silver-related stocks depends on the company’s core operations. Mining and metal companies like Hindustan Zinc and Vedanta have historically declared dividends. Jewellery-focused silver players may or may not follow regular dividend policies due to retail-driven earnings volatility.
What are the factors affecting silver stocks prices?
Silver stock prices move with global silver prices, which are driven by industrial demand (solar panels, electronics), investment demand (as a hedge against inflation), mining output, and geopolitical developments. For listed companies, operational performance, cost efficiency, and forex rates are additional factors.

Disclaimer: This article is for informational purposes only. The content of the article including securities/investment products mentioned if any, should not in any manner be construed as an investment advice, recommendation, offer, solicitation to buy/hold/sell any securities/investment products. The securities quoted if any, are for illustration only and are not recommendatory. Investment in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered financial advisor before investing.