Hindustan Copper Soars: 100% Return in 6 Months, But Is It Time to Sell?

• Hindustan Copper stock doubled investors' money in 6 months, delivering over 101% returns, becoming a market 'multibagger'.
• The surge is fueled by record international copper prices, with LME benchmark hitting $12,826.5 per tonne due to global supply shortages and high demand.
• The stock has shown phenomenal long-term growth: 134.60% in 1 year, 718.36% in 5 years, turning ₹1 lakh into nearly ₹8 lakh.
• BSE and NSE placed Hindustan Copper under the short-term Additional Surveillance Measure (ASM) framework due to high volatility.
• Experts advise caution: existing investors should consider profit booking, while new investors should 'buy on dips' as the stock is in the 'overbought zone' with resistance at ₹606 and support at ₹555.

Why It Matters: Hindustan Copper's rapid surge driven by copper prices prompts profit booking advice and 'buy on dips' for new investors.