Hindustan Zinc glitters after price hike

DALAL STREET SPIKES

Hindustan Zinc, India's largest zinc producer by volumes, gained 1.91 per cent to close at Rs 566.70 after the company increased the price of zinc by Rs 2,900 a tonne to Rs 84,000, while leaving the lead prices unchanged at Rs 90,400 a tonne. The stock made an intraday high/low of Rs 570/Rs 556.10.

The counter witnessed trading volumes of 24,055 shares, a tad lower than the two-week average of 25,701 shares. The scrip made a 52-week high of Rs 969 on October 18, 2007 and a 52-week low of Rs 462.50 on July 2 this year.