Hindustan Zinc Shows Strong Short-Term Gains Amid Mixed Long-Term Trends

Hindustan Zinc, a prominent player in the non-ferrous metal industry, has shown significant activity today, gaining 4.79% on February 5, 2025. This performance marks a notable outperformance against its sector, which has risen by 3.79%. Over the past two days, Hindustan Zinc has demonstrated a consecutive gain, accumulating a total return of 5.35%.
The stock reached an intraday high of Rs 456.7, reflecting a 4.47% increase during the trading session. In terms of moving averages, the stock is currently above its 5-day and 20-day averages but remains below the 50-day, 100-day, and 200-day moving averages, indicating mixed short- to medium-term trends.

Despite the recent gains, Hindustan Zinc's performance over the past month shows a decline of 2.88%, contrasting with the Sensex, which has decreased by 0.77%. The company also boasts a high dividend yield of 6.63% at the current price, highlighting its potential for income generation. Overall, Hindustan Zinc continues to navigate a dynamic market landscape within the non-ferrous metal sector.