Metal stocks rally up to 14% on China demand
Fri, May 10, 2024 4:27 PM

Metal stocks rally up to 14% on China demand

A Flip by Shubhangi Gupta
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Shares of metal giants Vedanta and Hindustan Copper surged by 4% on BSE to Rs 410.45 and Rs 372.25, respectively, while Hindustan Zinc saw a remarkable 14% leap to a new 52-week high of Rs 520. The surge is attributed to heightened demand from China, a major player in the global metal market. While earnings from metal companies may not have been exceptional, the future seems promising.

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