Hindustan Copper Soars 8%, Hits 15-Year High Amid Record Copper Prices

• Hindustan Copper shares surged 8% to Rs 473, reaching a 15-year high since November 2010.
• The rally is fueled by record-high global copper prices, driven by tight supply and strong demand.
• The stock is up 89% YTD 2025, making it the top gainer on the Nifty Metal index.
• Analysts foresee further growth due to expansion plans and India's rising copper demand, despite potential profit-booking.
• India's copper demand is projected to reach 3.24 million tonnes by 2030, with Hindustan Copper tripling mining capacity by FY31.

Why It Matters: Hindustan Copper's surge reflects record global copper prices and strong future demand, despite profit-taking.