Hindustan Zinc Ltd's Stock Sees 3.3% Increase, Outperforms Sector and Sensex

Hindustan Zinc Ltd, a largecap company in the metal-non ferrous industry, saw a 3.3% increase in its stock price on October 28, 2024. The stock was given a 'Hold' call by MarketsMOJO, a leading financial analysis platform.

The stock's performance today was slightly lower than the sector's performance, with a difference of -0.27%. However, it reached an intraday high of Rs 528, showing a 3.58% increase. The stock's moving averages were higher than the 5-day, 20-day, 50-day, and 200-day moving averages, but lower than the 100-day moving average.

In the metal-non ferrous sector, Hindustan Zinc Ltd has gained 3.57%, indicating a positive trend in the industry. The company also offers a high dividend yield of 6.87% at the current price.

Compared to the Sensex performance of 1.08%, Hindustan Zinc Ltd's 1-day performance was 3.10%. Similarly, in the past month, the company's performance was 0.55%, while the Sensex saw a decline of -6.21%.

Overall, Hindustan Zinc Ltd's stock has shown a positive trend and has outperformed the Sensex in both short-term and long-term performance. With a 'Hold' call from MarketsMOJO, investors may want to keep an eye on this stock for potential growth opportunities.