Hindustan Copper Soars 8th Day, Market Cap Nears ₹50,000 Cr Amid Copper Rally

• Hindustan Copper shares extended their rally for an eighth consecutive session, gaining nearly 7% on Tuesday.
• The stock surged 15% on Monday, hitting an all-time high of ₹545.95, its sharpest single-day gain since April 2010.
• The rally is fueled by soaring global copper prices, with LME copper near $13,000 a tonne, supported by tight supplies and US economic data.
• Hindustan Copper's market capitalization is now nearing ₹50,000 crore, with shares up almost 40% in the current 8-day rally.
• Government holds 66.14%, retail investors 14.5%, and LIC over 4% stake in the company.

Why It Matters: Hindustan Copper's stock surged for eight days, driven by global copper price rally, pushing market cap near ₹50,000 crore.