Hindustan Copper shares set for best month since December 2023 after fifth straight day of gains
Published on 25/09/2025 11:18 AM
Hindustan Copper shares set for best month since December 2023 after fifth straight day of gainsHindustan Copper shares have gained on very high volumes on Thursday, with over 2 crore shares changing hands, compared to the 20-day average of 30 lakh shares.By Hormaz Fatakia September 25, 2025, 11:18:02 AM IST (Published)2 Min ReadShares of Hindustan Copper Ltd. are up another 6% on Thursday, September 25, extending their gains for the fifth straight session.
The stock has risen 17% in the last five trading sessions.
Copper prices global currently remain near the highest level in more than a year, after Freeport-McMoRan Inc. declared a force majeure on contracted supplies from its giant mine in Indonesia.
Force majeure is a French term, which means an event with a superior force that cannot be anticipated or controlled, resulting in circumstances that prevent an enterprise from fulfilling their commitments.
Hindustan Copper's shares have had a good month of September. The stock has declined only four times in the last four weeks.
Thursday's session has seen the stock trade on very high volumes, with over 2 crore shares changing hands, compared to the 20-day average of 30 lakh shares.
At the end of the June quarter, the government held 66% stake in Hindustan Copper.
India's Mutual Funds had a 2.74% stake in the company, while another state-run entity, Life Insurance Corporation of India (LIC), India's largest insurance company, had a 4.67% stake.
Over 6.4 lakh small retail shareholders, or those with an authorised share capital of up to ₹2 lakh, had a 15.1% stake in Hindustan Copper.
Shares of Hindustan Copper are trading 5.4% higher on Thursday at ₹325.25. The stock has risen 43% so far in the month of September, which is turning out to be the best month for the stock since December 2023.Continue ReadingCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!Tagscopper pricesglobal copper pricesHindustan Coppershare market today