Hindustan Zinc Ltd Surges with 5.08 Million Shares Traded Today
Hindustan Zinc Ltd has become one of the most actively traded stocks, with over 5 million shares exchanged and a market capitalization exceeding Rs 2.2 lakh crore. The stock has shown consistent gains, outperforming its sector and indicating strong investor interest and liquidity in the market.
Hindustan Zinc Ltd, a prominent player in the Non-Ferrous Metals industry, has emerged as one of the most active equities today, with a total traded volume of 5,087,659 shares and a total traded value of approximately Rs 26.55 crore. The stock opened at Rs 515.00 and reached an intraday high of Rs 525.80, reflecting a gain of 4.01% during the trading session. As of the latest update, the last traded price stands at Rs 521.95.In terms of performance, Hindustan Zinc has outperformed its sector by 0.55%, marking a consecutive gain over the last two days with a total return of 4.6% in this period. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. The Non-Ferrous Metals sector itself has seen a gain of 2.56%.
Investor participation has also increased, with a delivery volume of 3.26 lakh shares on October 13, reflecting a rise of 16.4% compared to the 5-day average delivery volume. With a market capitalization of Rs 2,20,625.03 crore, Hindustan Zinc continues to demonstrate robust liquidity, suitable for trades of up to Rs 9.37 crore. Overall, the stock's performance today highlights its strong market position and active trading dynamics.
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