Hindustan Zinc Stock Sees Positive Trend, Gains 3.68% on April 1st, 2024

Apr 01 2024 01:05 PM IST
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On April 1st, 2024, Hindustan Zinc's stock gained 3.68%, closing at Rs. 302.45. Despite a 'Strong Sell' call from MarketsMojo, the stock's performance was in line with the sector and saw a trend reversal after three days of falling. The stock also has a high dividend yield of 13.34%.

Hindustan Zinc, a leading player in the metal-non ferrous industry, saw a positive trend in its stock performance on April 1st, 2024. The company's stock gained 3.68%, closing at Rs. 302.45. However, according to MarketsMOJO, the stock has been given a 'Strong Sell' call.

In terms of price summary, Hindustan Zinc's performance on the day was in line with the sector. The stock also saw a trend reversal, gaining after three consecutive days of falling. The day's high for the stock was Rs. 303.6, a 3.88% increase from the previous day.

Moving averages for the stock show that it is currently higher than the 5-day and 20-day moving averages, but lower than the 50-day, 100-day, and 200-day moving averages. In the sector, Metal-Non Ferrous has seen a gain of 3.92%.

Investors may also be interested in the high dividend yield of 13.34% at the current price of Hindustan Zinc. However, it is important to note that this information is based on facts and not a recommendation from experts or investors.

In comparison to the Sensex performance, Hindustan Zinc's 1-day performance was 3.83%, while the Sensex saw a 0.48% increase. Over the past month, Hindustan Zinc's performance was -1.76%, while the Sensex saw a 0.35% increase.

Overall, Hindustan Zinc's stock performance on April 1st, 2024, showed a positive trend, but investors should carefully consider all factors before making any investment decisions.
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