Hindustan Copper Shares Rocket: AI & Data Centers Fuel Historic Copper Price Surge

• Hindustan Copper shares surged to a 15-year high, driven by a sharp rise in international copper prices.
• Copper prices have seen a historic surge, with the copper index gaining over 42% in the past year and LME copper set for its best year since 2009.
• AI and data centers are identified as major new demand drivers for copper, with one AI data center consuming 28-30 tons.
• Hindustan Copper stock has delivered significant returns: 113% in 6 months, 71% YTD, and 51% in 12 months, reaching ₹432.
• Despite being in the overbought zone, brokerages are bullish, and long-term investors show enthusiasm for the stock.

Why It Matters: Hindustan Copper shares soar to a 15-year high, propelled by rising copper prices and new demand from AI and data centers.