Market Performance
On May 28, Hindustan Copper's share price surged over 5%, hitting an intraday high of ₹258 — its highest level in over five months. The rally followed the company's announcement of a significant increase in quarterly profits.
Meanwhile, other stocks also witnessed strong momentum:
- Techno Electric & Engineering surged nearly 11% to ₹1,384
- Triveni Engineering & Industries gained around 8%, trading at ₹459.70
The broader market sentiment remained positive, fueled by robust Q4 FY25 earnings across multiple sectors.
Main News
The sharp rise in Hindustan Copper's share price came after the company announced its robust Q4 FY25 performance. The rally was primarily driven by a 50% year-over-year (YoY) increase in net profit, reflecting strong operational performance and financial growth.
The announcement of a dividend payout also contributed to investor enthusiasm, further supporting the upward movement in the stock price.
Company Details – Hindustan Copper Limited
Revenue
- ₹731 Crore in Q4 FY25
- Up 29% YoY compared to ₹567 Crore in Q4 FY24
Net Profit
- ₹187 Crore in Q4 FY25
- Increased 50% YoY from ₹124 Crore in Q4 FY24
Dividend Declaration
- ₹1.46 per equity share for FY25
- The record date for dividend eligibility is yet to be announced
The company's continued focus on core operations and steady revenue growth has bolstered investor confidence.
Peer Performance Highlights
Techno Electric & Engineering Company
- Net Profit: ₹134.65 Crore (Up 74% YoY)
- Revenue: ₹815.79 Crore (Up 86% YoY)
- Dividend: ₹9 per share for FY25
Triveni Engineering & Industries
- Net Profit: ₹183 Crore (Up 14% YoY)
- Revenue: ₹1,925 Crore (Up 24% YoY)
- Dividend: ₹2.5 per share for FY25
- Record Date: September 1
Summary of the Article
- Hindustan Copper's share price rose over 5%, touching a 5-month high of ₹258
- Q4 FY25 net profit jumped 50% YoY to ₹187 Crore
- Revenue grew by 29%, reaching ₹731 Crore
- Declared ₹1.46 dividend per share for FY25
- Positive quarterly results also lifted Techno Electric and Triveni Engineering shares
The strong Q4 performance by Hindustan Copper and its peers suggests potential positive trends in the industrial and engineering sectors, which may be contributing to recent stock market movements.
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