Hindustan 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.