Hindustan Copper shares surge 18% to record high
Hindustan Copper shares surged 18% to a record high of ₹745, driven by investor confidence after being named the preferred bidder for a copper block in Madhya Pradesh. The stock has rallied 305% over nine months, showcasing strong performance in the metal sector.
after close1 source ↓written by the desknot a recommendation
- to a lifetime
- 18%
- lifetime high
- ₹745
- 29 Jan 2023
- increase over nine
- 305%
- also rose
- 2%
Hindustan Copper shares soared 18% to a lifetime high of ₹745 on 29 Jan 2023, driven by strong investor sentiment following the announcement of its status as the preferred bidder for the Baghwari–Khirkhori Copper Block in Madhya Pradesh. This marks a 305% increase over nine months, despite broader market pressures.
The Nifty Metal index also rose over 2%, reflecting ongoing strength in metal stocks amid challenging conditions for benchmark indices. 📈
Not investment advice. For informational purposes only.