Hindustan Zinc's Stock Performance Continues to Rise, Outperforming Sector and Sensex

Hindustan Zinc, a leading player in the metal - non ferrous industry, has seen a positive trend in its stock performance on October 24th, 2024. The stock gained 3.79%, outperforming the sector by 2.64%. This marks the third consecutive day of gains for the company, with a total rise of 8.39% in this period.

The stock also reached an intraday high of Rs 544, showing a 3.93% increase. Hindustan Zinc's moving averages are currently higher than the 5-day, 20-day, 50-day, and 200-day averages, but lower than the 100-day average.

In the metal - non ferrous sector, Hindustan Zinc's performance has been in line with the overall trend, with a gain of 2.73%. Additionally, the company offers a high dividend yield of 6.69% at the current price.

In comparison to the Sensex, Hindustan Zinc has outperformed with a 1-day performance of 4.30% while the Sensex has shown a slight decline of -0.03%. Over the past month, Hindustan Zinc has also outperformed the Sensex with a 7.60% gain compared to the Sensex's -5.71% performance.

Overall, Hindustan Zinc's stock has shown a positive trend and is currently rated as a 'Hold' by MarketsMOJO. With its strong performance and high dividend yield, the company remains a promising player in the metal - non ferrous industry.