Hindustan Zinc Ltd spurts 2.24%

Hindustan Zinc Ltd is up for a third straight session in a row. The stock is quoting at Rs 585.1, up 2.24% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.24% on the day, quoting at 23325.6. The Sensex is at 74505.4, up 0.26%. Hindustan Zinc Ltd has risen around 5.04% in last one month.

Meanwhile, Nifty Metal index of which Hindustan Zinc Ltd is a constituent, has risen around 0.33% in last one month and is currently quoting at 12858.45, up 0.94% on the day. The volume in the stock stood at 48.26 lakh shares today, compared to the daily average of 67.37 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 585, up 1.93% on the day. Hindustan Zinc Ltd is up 29.15% in last one year as compared to a 7.9% drop in NIFTY and a 29.93% drop in the Nifty Metal index.

The PE of the stock is 14.33 based on TTM earnings ending June 26.