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

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Moneycontrol•06-01-2026, 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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