Surge in Open Interest Signals Dynamic Trading Environment for Hindustan Zinc Ltd
Hindustan Zinc Ltd has seen a notable rise in open interest, reaching 3,010 contracts, alongside a trading volume of 1,384 contracts. The stock has increased by 1.10% and is trading above several moving averages, despite a decline in delivery volume. The company maintains a strong market capitalization and dividend yield.
Hindustan Zinc Ltd, a prominent player in the non-ferrous metal industry, has experienced a significant increase in open interest today. The latest open interest stands at 3,010 contracts, reflecting a rise of 296 contracts or 10.91% from the previous open interest of 2,714. This surge in open interest is accompanied by a trading volume of 1,384 contracts, indicating active market participation.In terms of price performance, Hindustan Zinc's stock has shown a 1.10% increase today, aligning closely with the sector's 1.26% gain, while the broader Sensex has risen by 0.51%. The stock is currently trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average.
Despite a decline in delivery volume, which has fallen by 31% compared to the 5-day average, the stock maintains a high dividend yield of 6.39%. With a market capitalization of Rs 1,93,836.51 crore, Hindustan Zinc continues to demonstrate liquidity suitable for trades around Rs 2.28 crore based on recent trading activity. Overall, the notable increase in open interest highlights a dynamic trading environment for Hindustan Zinc.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
