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Hindustan Copper shares rally 7% as red metal prices near six-week peak
Hindustan Copper shares surged on Wednesday as global copper prices hit a six-week high amid easing Middle East tensions and hopes of renewed US-Iran talks. Strong demand outlook, supply concerns, and expectations of long-term electrification trends further boosted sentiment across industrial metals, with broader gains also seen in nickel, zinc, and tin.
Hindustan Copper reports 9% growth in FY26 metal output, ore production climbs 6%
Hindustan Copper reports FY26 MIC output up 9% and ore up 6%. Shares of Hindustan Copper Ltd ended marginally lower on Thursday, April 2, by 0.17% at ₹495.15 on the NSE.
Metal stocks slide up to 7% as dollar hits 4-month high; NALCO, Hindustan Copper lead fall
Metal stocks, including NALCO and Hindustan Copper fell sharply on Friday as a surging US Dollar Index and ongoing Iran–Israel/US conflict dented demand. Analysts advise caution, noting that global commodity prices and infrastructure trends will shape near-term metal sector performance.
Tata Steel, Vedanta, Hindustan Copper fall up to 8% as Iran-Israel war hits metals' prospects
Tata Steel plunged 8% to Rs 194.43 amid a broader commodities selloff and sharp decline in metal stocks. Escalating Iran–Israel tensions, soaring crude prices, FII selling and slowdown fears dragged Sensex and Nifty lower despite the stock’s strong one-year outperformance.
Buy Hindustan Copper; target of Rs 715: Anand Rathi
Anand Rathi is bullish on Hindustan Copper recommended buy rating on the stock with a target price of Rs 715 in its research report dated June 25, 2026.
Buy Hindustan Copper; target of Rs 650: Anand Rathi
Anand Rathi is bullish on Hindustan Copper has recommended buy rating on the stock with a target price of Rs 650 in its research report dated March 13, 2026.