Hindustan Zinc has revealed its intentions to create separate entities for its zinc, lead, silver, and recycling businesses in an effort to unlock ‘potential value’. The move comes as the company aims to broaden its investor bases and sharpen its focus on its core businesses. Vedanta Ltd, the parent company of Hindustan Zinc, is also contemplating separating its commodities businesses into multiple companies to attain better valuations. Following the announcement, Hindustan Zinc’s shares experienced a surge, as did Vedanta Ltd’s share price.