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Copper price rally powers sharp surge in Hindustan Copper shares
Hindustan Copper surged nearly 50% in seven sessions as record-high copper prices on MCX boosted sentiment and expectations of improved realizations.
Shares of extended their record-breaking run, rising for a seventh consecutive session to a fresh high of ₹545.95 on the NSE. The stock has gained about 48% over seven sessions, tracking a sharp jump in copper prices. MCX copper futures for December delivery climbed up to 9% to a record ₹1,372.60 per kg, reflecting tight supply and strong demand.