Shares of Hindustan Zinc have fallen 2% in the past two trading sessions even as silver prices rose sharply to hit a new all-time high of Rs 4 lakh, highlighting the disconnect between commodity prices and stock performance. The stock’s weakness is not related to fundamentals or operational concerns but is mainly driven by promoter […]
Shares of Hindustan Zinc rose as much as 2% to a day’s high of Rs 572 in the morning deals on December 15 after global brokerage firm Jefferies covered Jefferies with a Buy rating, citing record silver prices as one of the biggest drivers of growth in the coming quarters. With today’s rise, the stock […]