Hindustan Zinc Sees 10.43% Surge in Open Interest to 76,342 Contracts

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 76,342 contracts, reflecting a rise of 7,208 contracts or 10.43% from the previous open interest of 69,134. This uptick in open interest comes alongside a trading volume of 64,919 contracts, indicating active market participation.
In terms of financial metrics, Hindustan Zinc's future value is reported at Rs 115,258.20 lakhs, while the total value, including options, reaches Rs 11,960.06 lakhs. The underlying value of the stock is noted at Rs 471.

On the performance front, Hindustan Zinc has outperformed its sector by 0.35% today, with a modest 1D return of 0.15%. The stock has maintained a position above its 50-day, 100-day, and 200-day moving averages, although it is currently below its 5-day and 20-day moving averages. Notably, delivery volume has seen a decline of 47.98% compared to the 5-day average, suggesting a decrease in investor participation.

In summary, the notable rise in open interest for Hindustan Zinc reflects increased trading activity, while the stock's performance metrics indicate a mixed outlook in the current market environment.