Hindustan Zinc Ltd Trades 5.2 Million Shares, Total Value Reaches Rs 25,842.13 Lakhs

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 5,226,123 shares and a total traded value of approximately Rs 25,842.13 lakhs. The stock opened at Rs 512.7, reaching a day high of Rs 513.45 before experiencing a decline, closing at Rs 494.6, which marks a decrease of 3.66% for the day.
This decline follows two consecutive days of gains, indicating a potential trend reversal. The stock touched an intraday low of Rs 488.7, reflecting a drop of 4.6%. Despite this downturn, Hindustan Zinc is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a generally positive long-term trend.

Investor participation has notably increased, with delivery volume rising to 514,700 shares on October 9, a significant 128.65% increase compared to the 5-day average. The liquidity of the stock remains robust, accommodating trade sizes of Rs 7.86 crore based on 2% of the 5-day average traded value. Overall, Hindustan Zinc's performance today reflects a complex interplay of market dynamics within the Non-Ferrous Metals sector, which has seen a decline of 3.37%.