Hindustan Zinc's Stock Reaches 52-Week High, Outperforms Sector and Sensex

Hindustan Zinc, a leading player in the metal - non ferrous industry, has reached a new milestone as its stock price touched a 52-week high on May 21, 2024. The stock has been performing well in the market, with a 'Hold' call from MarketsMOJO.

The stock opened with a gain of 2.29% today and touched an intraday high of Rs 638.7, outperforming the sector by 0.28%. It has been on a consecutive gain for the last 5 days and has seen a rise of 13.13% in this period. This positive trend is reflected in the fact that Hindustan Zinc is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

The metal - non ferrous sector has also seen a gain of 2.11%, further highlighting the positive sentiment in the industry. Additionally, Hindustan Zinc offers a high dividend yield of 3.72% at the current price, making it an attractive option for investors.

In the past year, Hindustan Zinc has outperformed the Sensex with a return of 105.41% compared to the Sensex's 19.65% performance. This showcases the company's strong performance and growth potential in the market.

Overall, Hindustan Zinc's stock has been on an upward trend, making it a promising investment option in the metal - non ferrous industry. With its strong performance and high dividend yield, it is definitely a stock to watch out for in the market.