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8h agoHindustan Copper at 16-Month High, Up 50% in 1 Month
Hindustan Copper shares surged 50% month-on-month, hitting a 16-month high at ₹390 amid elevated global copper prices and persistent supply shortages. Global copper prices climbed nearly 14% over the same period, driven by rising EV demand and limited Chilean mine output. Analysts said tightening inventories—down 22% on the LME—continue to support bullish sentiment. The stock has now gained over 120% year-to-date, reflecting India’s accelerating push toward renewable energy and electrification.
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8h agoHindustan Copper at 16-Month High, Up 50% in 1 Month
Hindustan Copper shares surged 50% month-on-month, hitting a 16-month high at ₹390 amid elevated global copper prices and persistent supply shortages. Global copper prices climbed nearly 14% over the same period, driven by rising EV demand and limited Chilean mine output. Analysts said tightening inventories—down 22% on the LME—continue to support bullish sentiment. The stock has now gained over 120% year-to-date, reflecting India’s accelerating push toward renewable energy and electrification.
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Hindustan Copper at 16-Month High, Up 50% in 1 Month
about 9 hours ago
1 min read
70 words
Commodity-driven rally lifts Hindustan Copper to multi-month highs.
Hindustan Copper shares surged 50% month-on-month, hitting a 16-month high at ₹390 amid elevated global copper prices and persistent supply shortages. Global copper prices climbed nearly 14% over the same period, driven by rising EV demand and limited Chilean mine output. Analysts said tightening inventories—down 22% on the LME—continue to support bullish sentiment. The stock has now gained over 120% year-to-date, reflecting India’s accelerating push toward renewable energy and electrification.
Hindustan Copper shares surged 50% month-on-month, hitting a 16-month high at ₹390 amid elevated global copper prices and persistent supply shortages. Global copper prices climbed nearly 14% over the same period, driven by rising EV demand and limited Chilean mine output. Analysts said tightening inventories—down 22% on the LME—continue to support bullish sentiment. The stock has now gained over 120% year-to-date, reflecting India’s accelerating push toward renewable energy and electrification.
Companies:
Hindustan Copper
Tags:
Hindustan Copper
base metals
Hindustan Copper
base metals
commodity rally
EV demand
LME inventories
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