Hindustan Zinc's Stock Performance Shines, Outperforms Sector and Sensex on April 3rd, 2024

Hindustan Zinc, a leading player in the metal - non ferrous industry, has seen a positive trend in its stock performance on April 3rd, 2024. The stock gained 3.48%, outperforming the sector by 1.61%. This marks the third consecutive day of gains for the company, with a total increase of 11.99% in the past three days.

The stock also reached an intraday high of Rs 328, showing a 3.85% increase. Hindustan Zinc is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong performance in the market.

In comparison, the metal - non ferrous sector has gained 2.64% on the same day. Hindustan Zinc also offers a high dividend yield of 4.12% at its current price.

On a longer-term basis, Hindustan Zinc has outperformed the Sensex in both 1-day and 1-month performances. While the company's stock gained 3.48% on April 3rd, the Sensex saw a decline of 0.41%. In the past month, Hindustan Zinc's stock has increased by 4.64%, while the Sensex has only seen a 0.28% increase.

Overall, Hindustan Zinc's stock performance on April 3rd, 2024, has been positive and the company continues to show strong performance in the metal - non ferrous industry.