PSU Metal Stocks Soar: Hindustan Copper, NALCO Deliver Up to 55% Returns in a Month

• Hindustan Copper and NALCO shares surged up to 55% in one month, driven by record global prices for copper and aluminum.
• Hindustan Copper hit an all-time high of ₹574.60, with copper prices exceeding $13,000/tonne on LME due to supply pressures from Chile and Indonesia.
• NALCO also reached a new record high, benefiting from aluminum prices crossing $3,000/tonne on LME, a three-year high, amid supply constraints in China and Europe.
• Supply disruptions, including labor strikes in Chile and production issues in Indonesia, are tightening global copper supply, supporting high prices.
• Experts advise caution for Hindustan Copper due to its 'overbought zone' status, while NALCO sees mostly 'Buy' ratings despite potential downside from current levels.

Why It Matters: Record global metal prices fueled massive gains for PSU metal stocks, but experts warn of profit-booking risks.