Hindustan Zinc Shows Strong Growth in Non-Ferrous Metal Industry, Receives 'Hold' Call from MarketsMOJO

Hindustan Zinc, a leading player in the non-ferrous metal industry, saw a positive growth of 3.28% on November 5th, 2024. The stock has been given a 'Hold' call by MarketsMOJO, a leading financial analysis platform.

The stock's performance today has outperformed the sector by 0.9%, with an intraday high of Rs 561.4, a 3.35% increase. The stock's moving averages are higher than the 5, 20, 50, and 200 day moving averages, but lower than the 100 day moving average.

In the non-ferrous metal sector, Hindustan Zinc has gained 2.54%, showcasing its strong position in the industry. Additionally, the stock offers a high dividend yield of 6.44% at its current price.

Compared to the Sensex performance, Hindustan Zinc has outperformed with a 1 day performance of 2.92% while the Sensex has shown a -0.15% performance. In the past month, the stock has also outperformed the Sensex with a 7.87% growth compared to the Sensex's -3.70% performance.

Hindustan Zinc's consistent growth and strong position in the non-ferrous metal industry make it a promising stock to hold. With a 'Hold' call from MarketsMOJO, investors can continue to monitor the stock's performance and make informed decisions.