The stock with a market capitalisation of more than Rs 26,000 crore hit a record high of Rs 1,146 on August 16, 2022, on the BSE. The stock has rallied more than 20 per cent in a month which helped it to climb above 50 and 200-DMA on daily charts.
Hindustan Zinc shares can rally to Rs 660, says Jefferies after initiating with Buy. Here’s why
Hindustan Zinc share price surged after Jefferies initiated coverage with a ‘Buy’ rating, targeting Rs 660. Record silver prices and strong cost efficiency are driving