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Metal stocks surge as Hindustan Zinc and Hindustan Copper hit fresh yearly peaks
Metal stocks rallied strongly with Hindustan Zinc and Hindustan Copper hitting 52-week highs, supported by sustained buying interest despite only modest gains in the broader market.
Select metal stocks outperformed the broader market on Friday, led by sharp rallies in Hindustan Zinc and Hindustan Copper, both touching new 52-week highs during intraday trade. Hindustan Copper jumped nearly 8 percent to ₹384.80, extending its December gain to about 18 percent. Hindustan Zinc rose around 5 percent to ₹549.45, adding to a 12 percent rally over the past three sessions, while peers like GMDC and NALCO also recorded strong gains.