Hindustan Copper surges on record copper prices, strong demand outlook.

Business
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Moneycontrol•12-12-2025, 14:13
Hindustan Copper surges on record copper prices, strong demand outlook.
- •Copper prices have reached record highs, driven by anticipated demand growth.
- •Factors contributing to rising copper prices include China's 2026 growth focus, US increasing copper stock, and an estimated 4.5 lakh ton supply deficit by 2026.
- •Hindustan Copper, a fully integrated company, is expected to benefit significantly from the copper price surge.
- •Hindustan Copper aims to increase its production capacity from 4 MTPA to 12.2 MTPA by FY31.
- •Hindustan Copper shares were up 6.09% at ₹378, with a market cap of ₹36,650 crore, showing strong recent performance.
Why It Matters: Copper price surge and demand outlook could boost Hindustan Copper's stock.
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