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Hindustan Zinc Ltd sees good buying support

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Capital Market

Hindustan Zinc Ltd is quoting at Rs 214.9, up 2.28% on the day as on 12:49 IST on the NSE. The stock is down 20.26% in last one year as compared to a 14.82% drop in NIFTY and a 3.58% drop in the Nifty Metal index.

Hindustan Zinc Ltd is up for a third straight session in a row. The stock is quoting at Rs 214.9, up 2.28% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.58% on the day, quoting at 12253.35. The Sensex is at 41541.48, up 0.57%. Hindustan Zinc Ltd has risen around 1.94% in last one month.

 

Meanwhile, Nifty Metal index of which Hindustan Zinc Ltd is a constituent, has risen around 11.32% in last one month and is currently quoting at 2796.05, up 2.09% on the day. The volume in the stock stood at 3.78 lakh shares today, compared to the daily average of 3.67 lakh shares in last one month.

The PE of the stock is 11 based on TTM earnings ending September 19.

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First Published: Jan 02 2020 | 1:05 PM IST

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