Surge in Open Interest Signals Increased Trading Activity for Hindustan Zinc Ltd
Hindustan Zinc Ltd has seen a notable rise in open interest, reaching 14,172 contracts, alongside a trading volume of 30,259 contracts. The stock has outperformed its sector, recovering from previous declines and trading above several moving averages, while the broader Non-Ferrous Metals sector also shows positive trends.
Hindustan Zinc Ltd, a prominent player in the Non-Ferrous Metals industry, has experienced a significant increase in open interest today. The latest open interest stands at 14,172 contracts, reflecting a notable rise of 3,094 contracts or 27.93% from the previous open interest of 11,078. This surge in open interest coincides with a trading volume of 30,259 contracts, indicating heightened activity in the stock.In terms of price performance, Hindustan Zinc has outperformed its sector by 0.79%, recovering after two consecutive days of decline. The stock reached an intraday high of Rs 474.4, marking a gain of 4.69% for the day. Currently, the stock is trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average.
The broader Non-Ferrous Metals sector has also shown positive movement, gaining 2.82%. Additionally, Hindustan Zinc boasts a high dividend yield of 4.2% at the current price, with liquidity sufficient for trades up to Rs 2.4 crore based on recent trading volumes. Overall, the increase in open interest and positive price movements highlight a dynamic trading environment for Hindustan Zinc.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
