Hindustan Copper Ltd Shares: Hindustan Copper Ltd Share Price NSE/BSE
Hindustan Copper Ltd Shares traded at the return rate of 7.89% and amounted at Rs 357.35 till 2.32 PM. Hindustan Copper Shares on NSE starts the day at Rs 334.10 as compared to the previous day close at Rs 331.35. Hindustan Copper Ltd Shares have surged the most today by 9%. Hindustan Copper Ltd last week was added to the F&O ban list but today it is out of the F&O ban list. This means that shares of this company can take new positions in today’s trading session. If it was in the F&O ban list then traders could only trade in previously opened positions.
Summary
Hindustan Copper Ltd (HCL) shares are up by 256.47% in last 1 year, 140.64% up in last 6 months and if we talk about this year then it is up by almost 30% and in last 5 days it has increased by 15%. This stock has jumped above 9% in today’s trading session. This is the biggest jump seen in this stock today after December 2023. Which is the biggest sun till date. Today’s surge will go after 15 days of high.
Financial Metrices of Hindustan Copper Ltd. Stock
The market capitalization of Hindustan Copper Ltd. Stock is currently valued at Rs 34.50 trillion. The P/E ratio stands at 113.95, while the sector P/E ratio is 26.63. Company currently offering dividend yield of 0.28%, and the sector’s dividend yield is 2.60%. The PB ratio for Hindustan Copper Ltd. Stock is 15.39, compared to the sector’s PB ratio of 3.45. The 52-week high for Hindustan Copper Ltd. Stock is Rs 366.40, and the 52-week low is Rs 97.60. Hindustan Copper Ltd. Stock is listed on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), having gained significant market capitalization. The total average volume of buying and selling Hindustan Copper Ltd. Stock for the day was 13.10 million.
Hindustan Copper Ltd Shares Comparative Analysis to its peers
It is the peer comparison of Hindustan Copper Ltd Shares to its competitors. This peer comparison is among its PE ratio, 1-yar return and buy recommendations by experts.
| Industry Name | PE Ratio | 1-Year Return | Buy Recommendation Percentage |
| Hindustan Copper Ltd (HCL) | 113.95 | 25 8.51% | —- |
| Hindustan Zinc Ltd | 114.00 | 25.48 | 9% (from 11 analysts) |
| Gravita India Ltd | 30.2 | 105.71 | 100% (from 3 analysts) |
| Shivalik Bimetal Ltd | 44.1 | 11.19% | 100% (from 1 analysts) |
| Ram Ratan Wires Ltd | 26.7 | 57.48% | — |
Financial History of Hindustan Copper Ltd Shares over 5 years
In terms of financial metrics, Hindustan Copper Ltd stock has given the return of 627.15% in last 5 years and the revenue of Hindustan Copper stock has experienced a humble annual growth rate of 8.05%, differ from the industry average revenue growth rate of 8.99% while the market share has seen a decrease from 87.9% to 84.17%, it’s worth noting the condition of industry changing. In addition, the net worth income has declined annually by 2.53%, in contrast to the industry average growth rate of 4.79%.
What is the History of Hindustan Copper Limited (HCL)?
Hindustan Copper Limited (HCL), a Miniratna company undertaking of the Government of India (GoI) under the administrative control of the Ministry of Mines, was established on 09 November 1967 under the Companies Act, 1956. It has been established as a government enterprise. Its main responsibility is to handle all the activities, projects, planning and studies related to exploration and exploitation of copper reserves from Kanji Vikas Nigam Limited. It is the only company engaged in mining of copper ore in India and owns all operational mining rental agreement of copper ore and is also the only desegregated producer (long running single campaign) of refined copper.
The company have the facilities of production and marketing of Copper Concentrate, Copper Cathode, Continuous Cast Copper Rod and by-products like Anode Slime (containing gold, silver etc.), Copper Sulphate and Sulfuric Acid. At present time, the company is focusing on mining and beneficiation (crushing and separating ore into valuable substances) operations and mainly selling copper concentrate as the main product. In the financial year ended 2022-23, the company gain sales turnover of Rs 1660.63 crore and Earned net profit (PAT) of Rs 295.31 crore. HCL’s mines and plants are roll out across five operating units, each plant is places in the states of Rajasthan, Madhya Pradesh, Jharkhand, Maharashtra and Gujarat, as given below:
- Malanjkhand Copper Project (MCP), Malanjkhand, Madhya Pradesh.
- Khetri Copper Complex (KCC), Khetri Nagar, Rajasthan.
- Indian Copper Complex (ICC), Ghatshila, Jharkhand
- Taloja Copper Project (TCP), Taloja, Maharashtra
- Gujarat Copper Project (GCP) Jhagariya, Gujarat
Things to remember before investing in Hindustan Copper Ltd (HCL) Stock
- Company has well managed its dividend yield of 29.9%.
- Company has reduced its debt
- Company has provided the good profit growth rate of 29.9% from last 5 years.
- Company stock is currently trading at 16.0 times from its book value.
Hindustan Copper Ltd share price target
Share price target of any company depends upon its financial growth, financial history, its future plans, market condition and many more factors. So, as we see the growth of Hindustan Copper Ltd (HCL) has great impact and it has given gradually return from last 5 years. So, Hindustan Copper Ltd (HCL) share price target will have great impact in coming years.
Hindustan Copper Ltd share price target 2024
The anticipated share price target for Hindustan Copper Ltd in 2024 is approximately Rs 438.00. Assuming the market maintains its positive trajectory, shareholders can expect significant profits from Hindustan Copper Ltd shares in the near future.
Hindustan Copper Ltd share price target 2025
Share price target of Hindustan Copper Ltd for 2025 could be predicted as of Rs 625.00. As it has been seen that the turnover growth of Hindustan Copper Ltd (HCL) shares has been quite great for the last several years and it is expected that this will continue in the future also.
Hindustan Copper Ltd share price target 2026
Share price target of Hindustan Copper Ltd for 2026 could be predicted as of Rs 850.00. This share price is just a prediction which is arrived at by looking at the market trends and its behaviour. The market is volatile, anything can go up or down at any time and this price can also increase from this predicted price in the future.
Hindustan Copper Ltd share price target 2030
The projected share price target for Hindustan Copper Ltd in 2030 stands at approximately Rs 1675.00. With its commendable performance in recent years and impressive returns, there’s optimism that Hindustan Copper Ltd (HCL) will continue to deliver favourable returns to its shareholders in the years ahead.
People also ask
Will Hindustan Copper Ltd (HCL) give dividend?
Yes, Hindustan Copper Ltd (HCL) provides the dividend yield. Currently it is providing the dividend yield of 0.28%.
What is the future of Hindustan Copper Ltd share price?
The anticipated share price target for Hindustan Copper Ltd (HCL) in 2024 is approximately Rs 438.00, share price for 2025 could be predicted as of Rs 625.00, for 2026 could be predicted as of Rs 850.00 and in 2030 stands at approximately Rs 1675.00.
Which sector is Hindustan Copper Ltd (HCL) in?
Hindustan Copper Ltd (HCL) comes under Central Public Sector Enterprise (CPSE) under the administrative control of the Ministry of Mines, Government of India.
What is the share price of Hindustan Copper Ltd (HCL)?
Share price of Hindustan Copper Ltd (HCL) is currently showing Rs. 358.75 per share with the return rate of 8.27%.
Is Hindustan Copper Ltd share in overbought zone?
Yes, Hindustan Copper Ltd (HCL) share in overbought zone because Relative Strength Index (RSI) of the Hindustan Copper Ltd (HCL) stock is showing at 77 which means that this stock is bought more than the requirement, therefore if the RSI of the stock is showing above 70 it means that this stock is in the overbought zone.
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