HINDCOPPER.NS Stock Today: 7-Day 48% Surge on Copper Spike — December 30
The hind copper share price is in focus today after a sharp 7-day, 48% rally tracking a copper price rally on MCX/LME. Shares of HINDCOPPER.NS traded at ₹533.35 (+12.14%) with a day high of ₹538.40 and a 52-week high of ₹545.95. Strong global copper cues and heavy volumes are driving momentum. We break down price action, drivers, valuation, and key technical levels for Indian investors watching Hindustan Copper share price into December 30 trade.
Hindustan Copper: Price Action and Volumes
The stock is up ₹57.75 to ₹533.35, rising 12.14% intraday. It opened at ₹482.95, hit a high of ₹538.40, and a low of ₹481.00. The 52-week high sits at ₹545.95. The hind copper share price now trades 51% above its 50-DMA (₹352.10) and 92% above its 200-DMA (₹277.92), underscoring strong trend strength into the year-end session.
Turnover is the story. Volume spiked to 15.33 crore shares versus a 1-month average of 1.54 crore, a near 10x jump. On-balance volume is rising, while ADX at 36.21 confirms a strong trend. ATR at 18.27 suggests wider daily ranges. Such participation often supports price breakouts, though short-term pullbacks can be sharp when momentum is extended.
Hindustan Copper share gained about 48% over seven sessions as copper broke out globally. Momentum oscillators are hot: RSI 83.54 and MFI 89.97 sit in overbought territory, while MACD stays positive. The hind copper share price has moved far above Bollinger upper band (₹444.49), signaling strength but also near-term stretch that traders should monitor.
What’s powering the copper price rally
Copper prices surged to record levels on LME/MCX amid supply disruptions in Indonesia and Chile, lifting producer stocks. Analysts say the rally has a base in tight supply, not just futures squeezes, helping cash prices too. Read more in Economic Times’ expert view on the supply crunch and volume drivers source.
For India, higher copper supports realization and margins for integrated producers. As per Upstox, the Hindustan Copper share extended a record-breaking run with nearly 50% gains in seven sessions, tracking global cues and robust participation source. This backdrop keeps the hind copper share price in focus for momentum setups today.
Domestic demand from power, renewables, and rail capex can support volumes, while China activity and inventories guide global cues. We watch LME stocks, treatment charges, and spreads for clues on tightness. Sustained physical demand plus constrained supply would remain supportive for Hindustan Copper share price beyond short-term spikes.
Valuation, fundamentals, and risks
At ₹533.35, the stock trades at 82.62x TTM EPS (₹5.90) and 15.53x book. Dividend yield stands near 0.31%. ROE is 21.21%, debt-to-equity is 0.048, and current ratio is 1.37, indicating a light balance sheet. Market cap is ₹471,375,858,549. Next earnings date in our feed is 6 Feb 2026, subject to updates.
Net margin is 24.77% with strong gross margin prints, but the business remains cycle-linked. Cash conversion cycle is 144.93 days, with inventory days at 344.85 and payables at 226.44. If copper prices cool, realizations can compress quickly. The hind copper share price is thus sensitive to global copper trends and domestic cost dynamics.
Primary risks include copper price reversals, policy changes, and operational disruptions. Elevated valuation multiples add downside if earnings lag. Liquidity-driven surges can also reverse. Investors should size positions prudently, use ATR-informed stops, and avoid chasing gaps. None of this is advice; it is a framework to think about risk alongside the copper price rally.
Technical view and near-term levels
Indicators remain strong: RSI 83.54 (overbought), ADX 36.21 (strong trend), and MACD histogram positive at 9.43. Stochastics are above 90, reflecting strong momentum. Price sits well above the Bollinger upper band (₹444.49), a sign of strength but also stretch. For the hind copper share price, consolidation would be healthy after a parabolic rise.
Immediate resistance is near the 52-week high at ₹545.95, with intraday resistance around ₹538–₹540. Supports sit at ₹500, then today’s low near ₹481. Any pullback towards gap zones may draw buyers if the trend holds. The 50-DMA (₹352.10) and 200-DMA (₹277.92) provide deeper supports in case of a broader cooldown.
Short-term traders may trail stops below rising swing lows, given ATR of ₹18.27. Momentum breakouts can fail when overbought signals stack up, so waiting for tight-range pauses can help entries. Investors focused on Hindustan Copper share price should balance copper macro drivers with valuation and set clear risk limits.
Final Thoughts
The hind copper share price sits at ₹533.35 after a 7-day, 48% surge, powered by a genuine copper supply squeeze and strong volumes. Trend strength is clear, with price above key moving averages and momentum indicators firmly positive. At the same time, valuations are rich, and the stock is highly sensitive to copper swings. For near term, watch ₹545.95 on the upside and ₹500–₹481 as supports. Investors can track LME/MCX prices, inventory trends, and domestic capex cues to gauge durability. Position sizing, disciplined stops, and patience on entries can help reduce risk in a fast-moving tape.
FAQs
It rose on the back of a global copper price rally to record levels amid supply disruptions in major producing regions. Strong domestic participation and nearly 10x average volume supported the move. The trend remains strong, but indicators are overbought, so short-term pullbacks are possible.
At ₹533.35, the stock trades at 82.62x TTM earnings and 15.53x book, which is rich versus historical metal cycles. Strong ROE and low leverage help, but future returns depend on copper staying firm and earnings catching up to the price.
Immediate resistance is near ₹538–₹540 and the 52-week high at ₹545.95. Supports are at ₹500 and ₹481. With ATR at ₹18.27, daily swings can be wide. A consolidation above ₹500 would keep the short-term uptrend intact for the hind copper share price.
A quick recovery in mine supply, weaker Chinese demand, or a stronger dollar can pressure copper. Rising inventories and higher treatment charges would also signal easing tightness. Any reversal in copper could weigh on Hindustan Copper share price and compress valuation multiples.
Disclaimer:
The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.
