Metal Stocks Soar: Hind Copper, Hindalco, NALCO Hit Record Highs on Surging Prices

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News18•06-01-2026, 13:00
Metal Stocks Soar: Hind Copper, Hindalco, NALCO Hit Record Highs on Surging Prices
- •Hind Copper, Hindalco, and NALCO shares rallied up to 6% to fresh 52-week highs on January 6.
- •The surge was driven by rising copper and aluminium prices amid global geopolitical tensions and tightening supply.
- •Copper prices hit a record $13,253.50 per tonne on the LME due to supply fears and Venezuela turmoil.
- •Aluminium prices also rose, supported by a tightening supply outlook and sustained long-term demand growth.
- •The Nifty Metal index climbed over 1% to a new 52-week high of 11,652.70.
Why It Matters: Metal shares surged to record highs driven by rising copper and aluminium prices amid supply concerns.
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