Hindustan Copper Shares Soar 10%, Mark Best Week Since Feb 2021 Amid Global Copper Rally

• Hindustan Copper shares surged 10% on Friday, extending gains for the sixth consecutive session.
• The stock recorded its best weekly performance since February 2021, rising 22% this week and 90% year-to-date.
• Trading volumes reached their highest since December 2023, with 9.2 crore shares changing hands.
• The rally is attributed to record-high global copper prices, which recently crossed $12,000 a tonne.
• Q2 net profit jumped 82.3% to ₹186 crore, with revenue up 39% to ₹718 crore.

Why It Matters: Hindustan Copper's strong stock performance is driven by rising global copper prices and robust Q2 earnings.