Hindustan Copper shares jump 7% as quarterly profit climbs 179%
Hindustan Copper shares rose in early trade after its September quarter results showed a 179% year-on-year jump in standalone net profit, per TradingView.
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what happened
According to TradingView, shares of Hindustan Copper Ltd rose more than 7% in early trading on Thursday, November 12. The company reported a 179% year-on-year increase in standalone net profit for the September quarter of fiscal 2026-27. It credited higher sales volumes and stronger metal prices for the improvement.
Net profit reached Rs 519.54 crore, compared with Rs 186.02 crore a year earlier. Revenue rose 64% to Rs 1,175.24 crore. Copper on the London Metal Exchange reached record levels in September, and prices averaged about $14,532 a tonne through October.
The stock opened at Rs 463.05 and hit an intraday high of Rs 467.35, against a previous close of Rs 436.45. Market capitalisation stood at Rs 43,583.77 crore, although the gain narrowed to 4.02% by around 10:20 am.
why it matters
The results show how closely profits at copper producers track global metal prices, since higher prices lift revenue and margins even when volumes stay steady. Hindustan Copper shares are still down about 13% year to date, so investors are reacting to the report with some caution.
market impact
Copper: strong results support Hindustan Copper shares, and high metal prices lift profits across the sector
- Hindustan Copper pressure up — higher profit and margins after the report support demand for the shares
tags
instruments
sources
- Hindustan Copper shares rally 7% after Q2 profit zooms 179% — TradingView, 12 November 2026 at 05:02 UTC
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