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Hindustan Copper Touches 15-Year High as Copper Rally Fuels PSU Stock
Hindustan Copper shares surged to a 15-year high as copper prices hit record levels, prompting investors to weigh strong long-term fundamentals against potential profit booking.
Shares of jumped about 8% to hit a fresh 15 year high, tracking a sharp rise in global copper prices that touched new peaks. The rally reflects renewed investor interest in metal stocks amid strong demand from renewable energy, electric vehicles, and technology sectors. According to Hindustan Copper plays a strategic role in India’s critical mineral security and long term resource planning.