Metal stocks jump
Business
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Moneycontrol06-01-2026, 12:19

Metal Stocks Soar: Hind Copper, Hindalco, NALCO Hit Record Highs

  • Hind Copper, Hindalco, and NALCO shares jumped up to 6% to fresh record highs on January 6.
  • The surge is attributed to soaring global copper and aluminum prices.
  • Geopolitical tensions, supply constraints, and critical mineral demand are driving metal price increases.
  • Copper prices hit an all-time high of $13,253.50/ton on LME; aluminum also saw significant gains.
  • Nifty Metal index climbed over 1% to a new 52-week high of 11,652.70.

Why It Matters: Soaring metal prices due to global factors propelled major metal stocks to new record highs.

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