Hindustan Copper
Business
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News1826-12-2025, 13:39

Hindustan Copper Soars 8%, Hits 15-Year High on Record Copper Prices; What's Next?

  • Hindustan Copper shares surged 8% to Rs 473, reaching a 15-year high on December 26.
  • The rally is driven by record global copper prices, fueled by tight supply and expectations of future shortages.
  • The stock is the top gainer on the Nifty Metal index, up 89% in 2025, outperforming the broader market.
  • Analysts see potential for profit-booking but emphasize strong long-term fundamentals and sectoral tailwinds.
  • India's copper demand is projected to reach 3.24 million tonnes by 2030, with Hindustan Copper planning to triple mining capacity by FY31.

Why It Matters: Hindustan Copper hits 15-year high on record copper prices, driven by strong demand and expansion plans.

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