Hindustan Copper Share Price Hits 15-Year High as Copper Prices Soar

Shares of Hindustan Copper surged 8% to Rs 473 apiece on December 26, marking the highest level since November 2010. The rise comes amid a record-breaking rally in global copper prices, reflecting tight supply and strong industrial demand.

The stock emerged as the top gainer on the Nifty Metal index, which rose 0.2% on the day, reinforcing the strength in the metals segment.

Market Performance: Hindustan Copper Leads the Rally

Hindustan Copper’s stock has been on a remarkable uptrend:

• Weekly gain: 21%, the best performance since December 2023.
• Year-to-date performance (2025): Up 89%, making it the biggest gainer on the metals index, which itself rose 24% in the same period.

The surge in Hindustan Copper shares mirrors the global copper market’s momentum, driven by tight supply and growing industrial demand.

Global Copper Prices Hit Record High

The price of copper has been climbing sharply across key markets:

• Shanghai Futures Exchange: Copper gained 2.7% to 98,780 yuan ($14,090) per tonne.
• Comex (US): Contracts rose 3% to $5.743 per pound, marking the highest level since the July short squeeze.
• London Metal Exchange (LME): Three-month copper contract touched a record $12,282 per tonne, with a slight correction to $12,133 per tonne later.

Several factors contributed to the rally:

• Tight global supply and constrained inventories.
• Growing demand from construction, manufacturing, and energy-transition sectors.
• Expectations of lower US interest rates in 2026, boosting industrial activity and copper demand.

In India, copper also climbed sharply. By 10:15 am, January copper contracts were up 3.5% at Rs 1,216.05 per kilogram, briefly hitting Rs 1,223.3 per kg, the highest ever domestically.

Company Details: Hindustan Copper’s Strong Position

Hindustan Copper, the state-owned copper producer, continues to benefit from the strong metals market. Key highlights:

• State-owned producer: Central to India’s copper ecosystem.
• Year-to-date gains: Up 89% in 2025.
• Weekly gains: 21%, reflecting sustained momentum.
• Market leadership: Top gainer on Nifty Metal index for December 26.

The company’s mining expansion and modernization initiatives are helping it maintain a strong foothold in the domestic market while aligning with growing industrial demand.

Summary

Hindustan Copper’s record-breaking rally reflects a perfect confluence of global supply tightness, robust industrial demand, and favorable macro conditions.

• Shares reached 15-year high at Rs 473.
• The metals sector shows continued strength, with Nifty Metal up 0.2%.
• Global copper markets are at all-time highs, supporting domestic prices.

This upward momentum underscores Hindustan Copper’s central role in India’s copper industry and the broader metals market. As copper demand grows domestically and globally, Hindustan Copper remains at the forefront of this upward trend.

Source: Moneycontrol