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Hindustan Copper's shares hit a 16-year high on Jan. 5, fueled by global copper demand, green energy growth, and supply concerns.
Hindustan Copper's shares hit a 16-year high of ₹570 on January 5, surging 5.2% amid a global copper rally driven by supply concerns, strong demand from green energy and AI infrastructure, and potential U.S. tariffs.
The London Metal Exchange copper price rose 2.86% to $12,826.50 per ton, nearing a 2025 peak.
The stock gained 109% in 2025, rising 151% since September, supported by better earnings, capacity expansion, and a weakening rupee.
Analysts see continued upside, with targets near ₹600, though valuations may be stretched.
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Las acciones de Hindustan Copper alcanzaron un máximo de 16 años el 5 de enero, impulsadas por la demanda mundial de cobre, el crecimiento de la energía verde y las preocupaciones por la oferta.