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Hindustan Zinc Ltd under continued pressure

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Capital Market

Hindustan Zinc Ltd is quoting at Rs 309.3, down 1.31% on the day as on 13:24 IST on the NSE. The stock tumbled 3.12% in last one year as compared to a 23.81% rally in NIFTY and a 72.16% spurt in the Nifty Metal index.

Hindustan Zinc Ltd is down for a fifth straight session today. The stock is quoting at Rs 309.3, down 1.31% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 2.84% on the day, quoting at 16502. The Sensex is at 55491.94, down 2.67%.Hindustan Zinc Ltd has lost around 2.98% in last one month.Meanwhile, Nifty Metal index of which Hindustan Zinc Ltd is a constituent, has eased around 3.52% in last one month and is currently quoting at 5476.8, down 4.49% on the day. The volume in the stock stood at 7.34 lakh shares today, compared to the daily average of 15.66 lakh shares in last one month.

 

The PE of the stock is 15.1 based on TTM earnings ending September 21.

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First Published: Dec 20 2021 | 1:35 PM IST

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