HINDCOPPER.NS Stock Today: December 27 – 15-Year High on Copper Spike
The hindustan copper share price surged to a 15-year high on December 27 as global copper futures hit fresh peaks, making HINDCOPPER.NS the top gainer on the Nifty Metal index. On Friday, the stock closed at ₹436.55 after hitting ₹439.50 intraday, with strong volumes. The move follows a tight global supply backdrop and steady earnings momentum. While the hindustan copper share price looks extended near term, robust fundamentals and capacity expansion plans support the broader uptrend for Indian investors.
15-Year High: Drivers and Market Context
Copper price today touched fresh records on global exchanges, tightening the supply-demand balance. That strength fed directly into Hindustan Copper’s realizations and sentiment, pushing the stock to a multi-year peak. Reports highlighted the sustained up-move linked to copper’s spike and investor rotation into metals Moneycontrol.
Hindustan Copper stock led the Nifty Metal index, with volume at 4.73 crore shares versus a 1.42 crore average. The breadth of buying pointed to both momentum funds and retail participation. Market trackers also flagged its leadership in the day’s action and technical strength Upstox.
Technical Picture: Momentum vs Risk
Indicators show strong upside momentum. RSI is 83.55, which is overbought, while ADX at 36.02 signals a firm trend. MACD at 24.64 remains above its signal at 15.25 with a positive histogram. Money Flow Index at 89.97 confirms heavy buying. The setup supports the trend, but such readings often see quick pullbacks.
Bollinger upper band near ₹444.49 is the immediate hurdle. Friday’s low at ₹412.70 is first support, with the 50-DMA at ₹349.43 and 200-DMA at ₹276.70 as deeper supports. ATR at ₹18.27 implies wider swings. Traders may wait for a clean close above ₹445 or buy dips closer to supports.
Fundamentals and Valuation Snapshot
At ₹436.55, the stock trades at 80.75 times TTM EPS of ₹5.89 and 15.51 times book, which is rich for a cyclical. ROE is 21.21% with net margin at 24.77% and operating margin at 30.22%. Debt-to-equity is low at 0.05 and current ratio is 1.37. TTM dividend is ₹1.46, a 0.31% yield.
Earnings have benefited from the copper upcycle, aiding cash flows and sentiment. Management’s capacity expansion plans add medium-term volume levers, though exact timelines matter. If copper price today cools, margins may compress. We prefer buying quality cyclicals on corrections rather than at peak momentum, given the valuation premium to peers.
Strategy: Trading and Investing Ideas
The hindustan copper share price is extended, so control risk. Consider entries on dips toward ₹420–₹413 with a stop around ₹395, or on a breakout above ₹445 with strong volume. Use ATR of ₹18 to set 1x trailing stops. Avoid oversized positions around gap opens and monitor copper futures overnight.
For investors, stagger buys on 5–8% pullbacks or near the 50-DMA if retested. Limit single-stock exposure to 3–5% of equity portfolios. Track copper price today, China demand data, and any expansion updates. Next results are scheduled on 6 Feb 2026. Meyka Stock Grade: B, stance HOLD, aligning entries with dips.
Final Thoughts
The hindustan copper share price sits near a 15-year high on the back of a strong copper cycle, tight supply, and leadership within the Nifty Metal index. Momentum is solid, with MACD positive and ADX indicating a firm trend, but overbought signals and a Bollinger cap near ₹444.49 call for discipline. Valuation at 80.75 times TTM earnings prices in a lot of optimism, even as ROE and margins look healthy and leverage remains low. Our take: trend followers can use dips or a decisive close above ₹445 with stops guided by ATR. Long-term investors may accumulate gradually on corrections toward support zones, focusing on copper demand trends and project execution. Position sizing and risk control are key at elevated levels.
FAQs
A surge in copper price today on global exchanges tightened supply expectations, lifting producer economics and sentiment. Hindustan Copper stock also drew strong volumes and led the Nifty Metal index, reinforcing momentum. Together, these drivers supported a breakout to multi-year highs, even as conditions look overbought near term.
Yes, near term. RSI at 83.55 and MFI at 89.97 signal overbought conditions, while MACD and ADX show a strong uptrend. This mix often leads to quick pullbacks. Traders should use tight risk controls, and investors can wait for dips before adding exposure to improve entry quality.
Immediate resistance is near ₹444–₹445, aligned with the Bollinger upper band. First support is Friday’s low at ₹412.70, then the 50-DMA at ₹349.43 and 200-DMA at ₹276.70. ATR of ₹18.27 implies wider intraday swings, so confirm moves with closing prices and volume.
Hindustan Copper is sensitive to copper price today because higher prices lift realizations and margins. Sustained copper strength supports earnings momentum, while a sharp correction can compress profitability and valuations. The stock often tracks medium-term copper trends, so monitoring futures helps manage entries and risk.
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.
