Hindustan Zinc shares jump after strong Q2 results
Hindustan Zinc shares rose as much as 4% to ₹559.85 after Q2 FY27 net profit jumped 142% year on year to ₹6,412 cr and revenue increased 76.5% to ₹15,093 cr. OI Charts data showed ₹550 support and ₹600 call open interest.
after close1 source ↓machine-written, see hownot a recommendation
- HINDZINC close
- ₹538.40
- On the day
- -0.30%
- Futures OI, short build-up
- +4.0%
- Put-call ratio
- 0.47
- Max pain
- ₹550.00
Hindustan Zinc shares rose as much as 4% on 21 Oct 2026, touching an intraday high of ₹559.85 on the NSE after the company reported strong second-quarter results for FY27. The stock opened at the day’s high, compared with a previous close of ₹538.40. The move marked the first clear market reaction to the result after the earlier bulletin focused on the performance implications for the wider Vedanta group. 📈
The company reported net profit ₹6,412 cr for the July–September quarter, up 142% year on year from ₹2,649 cr. Revenue from operations increased 76.5% year on year to ₹15,093 cr from ₹8,549 cr, supported by higher metal prices and increased production volumes. The scale of the earnings increase puts zinc, silver and lead prices, production volumes and cost control at the centre of the metals sector’s near-term sentiment. ⚙️
The share reaction also needs to be read against the stock’s derivatives positioning. OI Charts data for 19 Oct 2026 showed the stock closing at ₹538.40, down 0.3% on the day, with volume of 3,040,983 shares. It had declined 1.6% over five sessions and 9.7% over 20 sessions, while its recorded 52-week range was ₹453.50 to ₹733.00. The strong results therefore triggered a sharp intraday response but came after a recent pullback.
For the 27 Oct 2026 expiry, OI Charts data showed futures open interest up 4.0% at 27,057,800 shares, classified as a short build-up. The put-call ratio stood at 0.47, with the largest put open interest at ₹550 and the largest call open interest at ₹600; max pain was ₹550. These levels provide the immediate positioning context: ₹550 is the key downside reference, while ₹600 is the main overhead open-interest wall. The next focus is whether the post-results move holds above ₹550 and whether open interest shifts as the expiry approaches.
Source: TradingView, 21 Oct 2026
Not investment advice. For informational purposes only.