Hind Zinc announces 27.5 Dividend per share. Stock to remain range bound.
Hind Zinc and BPCL were our favourites on market dips. Hind Zinc was recommended to be bought 285-291 for a target of 330.
Post Ex-dividend stock will look attractive between 280-290. i.e 307- 317 at current market price.
stock to remain 315-325 for next 2 weeks.
Weekly call: Buy Hindustan Zinc above 310. Target 333. SL 303. 7% upside.
Correction in PSU stocks. BPCL, Hindustan Zinc are top buy on dip picks.
Stoploss hit on Hind Zinc at 303. Accumulate at 282-290. Target 315. SL 275
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