Hindustan Copper share price: Anil Singhvi bullish as copper prices surge, Check target

Hindustan Copper shares rose around 2 per cent on Tuesday to hit a fresh 52-week high, tracking a sharp jump in global copper prices, which moved to record levels.

The stock touched an intraday high of Rs 575, marking a new one-year peak. At the time of writing this report, Hindustan Copper shares were trading at Rs 556.05, down Rs 9.20 or 1.63 per cent from the previous close.

Hindustan Copper price movement

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The stock opened at Rs 574.80 and slipped to an intraday low of Rs 548 before paring some losses. The company’s market capitalisation stood at about Rs 53,800 crore. The previous 52-week high was also Rs 575.

Market participants attributed the recent rally to strong global copper prices, supported by tight supply conditions and improving demand outlook from key consuming regions.

Hindustan Copper share price target

Zee Business Managing Editor Anil Singhvi recommended a buy on Hindustan Copper shares at Rs 565. He set short-term targets of Rs 570, Rs 574 and Rs 580. He also advised keeping a stop loss at Rs 555.

The stock has delivered a mixed performance in the very short term but remains strong over the medium to long term. As per the data available at investing.com, Hindustan Copper shares are down 1.39 per cent over one day. However, the stock is up 5.13 per cent over one week and 9.36 per cent over one month. Over a three-month period, the shares have gained 17.18 per cent. The six-month return stands at 18.85 per cent, while the stock has surged 42.38 per cent over the past one year.

Strong Q2 FY26 performance

Hindustan Copper Limited reported a sharp rise in its consolidated net profit to Rs 186.02 crore for the quarter ended September 30, 2025. This marks an increase of 83 per cent from Rs 101.67 crore in the same quarter last year.

The strong performance was supported by improved operational efficiency and higher sales realisation amid firm copper prices.

Revenue from operations for the quarter rose to Rs 718.04 crore, compared with Rs 518.19 crore a year ago. Total income increased to Rs 728.95 crore from Rs 550.05 crore in the year-ago period.

Profit before tax stood at Rs 248.63 crore in Q2 FY26, up from Rs 135.32 crore in Q2 FY25. Earnings per share improved to Rs 1.89 from Rs 1.05 last year.

Half-year numbers remain healthy

For the half-year ended September 30, 2025, Hindustan Copper reported a net profit of Rs 320.30 crore, compared with Rs 215.07 crore in the corresponding period of FY25.