Business Standard

Tuesday, December 24, 2024 | 10:53 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Vedanta, Hindustan Zinc rally up to 10%, scale 52-week highs

In the past month, the stock of Vedanta has zoomed 37 per cent, against 7 per cent rise in the S&P BSE Sensex

Following the sharp run-up, returns are expected to plateau.
Premium

SI Reporter Mumbai
Shares of Vedanta and Hindustan Zinc rallied up to 10 per cent on the BSE on Wednesday in an otherwise subdued market.

Hindustan Zinc soared 10 per cent to Rs 278.75, on the back of two-fold jump in trading volumes, while Vedanta share rose 6 per cent to Rs 179 on the BSE. In comparison, the S&P BSE Sensex was down 0.24 per cent at 48,326 points. Vedanta, the promoter, holds 64.92 per cent stake in Hindustan Zinc.

In the past one month, the stock of Vedanta has zoomed 37 per cent, against 7 per cent rise in

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in