Live Hindustan Copper Share Price Chart

O 274

H 274

L 274

VOL 19125

Hindustan Copper Performance

Days Range

Low: ₹274.00
High: ₹285.00
Previous Close ₹272.10
Open ₹274.00
Volume 33,19,762
Day’s Range ₹274.00 - ₹285.00
52W Range ₹93.85 - ₹306.85
Market Cap ₹26,288 Cr

Hindustan Copper Fundamentals

ROCE (TTM) 16.16
P/E Ratio (TTM) 85.91
P/B Ratio 11.92
Industry P/E 15.53
Debt to Equity 0.13
ROE 14.65
EPS (TTM) 3.14
Dividend Yield 0.34
Book Value 22.63
Face Value 5

Hindustan Copper Financials

Mar 2023Jun 2023Sep 2023Dec 2023
Net Sales559.76370.94381.4399.29
Expenses434.25318.56305.83322.6
Profit before tax173.9362.282.6482.18
Operating Profit132.1747.2860.763
Net Profit132.1747.2860.763
EPS in Rs1.370.490.630.65

About Hindustan Copper

Hindustan Copper Ltd (HCL) is involved in various processes right from copper mining to the final stage of converting copper into saleable products. The company was incorporated in 1967 to take over from National Mineral Development Corporation Ltd. HCL is the first Indian PSU and the only vertically integrated copper-producing company. In 1972, M/s Indian Copper Corporation Limited was nationalised and made part of HCL. This was a private sector company located at Ghatsila, Jharkhand, having facilities of Smelter and Refinery.

In 1975, the company’s fully integrated copper complex from mining to refining commenced at Khetri. In 1982, the largest hard rock open pit mine in the country was started at Malanjkhand in Madhya Pradesh with a capacity of 2 million tonnes ore. The Cast Wire Rod plant of South Wire Technology, with a capacity of 60,000 MT, was commissioned at Taloja in Maharashtra in 1989. In 2015, it acquired a secondary Copper Smelter and Refinery Unit at Jhagadia, Gujarat. During 2022-23, the company won the prestigious 35th CFBP Jamnalal Bajaj Uchit Vyavahar Puraskar.

As of March 2023, the company had 5 plants, which are the Indian Copper Complex in Jharkhand, the Khetri Copper Complex in Rajasthan, the Malanjkhand Copper Project in Madhya Pradesh, the Gujarat Copper Project in Gujarat, and the Taloja Copper Project in Maharashtra.

Business Segments

The company has only one business segment as per FY 2023 Annual Report. HCL is engaged in the manufacturing and sale of copper products, such as Continuous Cast Copper Rods, Copper Cathodes, and Copper Sulphates. In addition, the company also deals in other products, such as Sulphuric Acid, Reverts, Anode Slime and Nicker Cathode.

Subsidiary

As of March 31, 2023, the company had only one wholly-owned subsidiary, Chattisgarh Copper Ltd, which provides consultancy services.

Corporate Actions

The company has no history of bonus issues, stock splits and other corporate actions.

Management Outlook

  • The company believes that the demand for copper is likely to grow in tandem with growth in the Indian economy.
  • The demand for copper in India will rise due to the rising demand from the power sector as a result of the government’s emphasis on renewable energy and households’ growing desire for consumer durables.
  • The company believes that the demand for copper would be supported by the manufacturers of hybrid and EVs (electric vehicles) as these use 4x more copper than traditional internal combustion engines.
  • HCL is optimistic the demand for copper due to EVs will increase by around 1.7 million tonnes by 2027. Copper demand is also expected to increase further in the health sector due to its biocidal properties.
  • The company is positive about numerous business opportunities, such as a ready market for copper concentrate in India due to large smelting/refining capacity and scope for expansion of mine capacity.
Parent Organisation Govt of India
Founded 1967
Managing Director GHANSHYAM SHARMA
NSE Symbol HINDCOPPER

Peer Comparison

Stocks Market Cap (cr) Market Price (₹) 52 Week Low-High (₹)
PALCO Ltd ₹1.12

0.95

0.00 (0.00)

0.85 - 1
Maan Aluminium Ltd ₹788.29

144.85

0.90 (-0.62%)

144 - 147
Gujarat Cypromet Ltd ₹1.08

1.25

0.00 (0.00)

1.25 - 1.25
MMP Industries Ltd ₹675.33

274.7

8.85 (3.33%)

260.15 - 276.9
Sagardeep Alloys Ltd ₹49.30

29

0.10 (0.35%)

28.5 - 30.2

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Hindustan Copper FAQs

What is the Share price of Hindustan Copper (HINDCOPPER)?

Hindustan Copper (HINDCOPPER) share price as of March 2, 2024, on NSE is Rs 281.60 (NSE) and Rs 281.50 (BSE) on BSE.

Can I buy Hindustan Copper (HINDCOPPER) shares?

Yes, You can buy Hindustan Copper (HINDCOPPER) shares by opening a Demat account with Angel One.

How do I buy Hindustan Copper (HINDCOPPER) from Angel One?

Hindustan Copper (HINDCOPPER) share can be brought through the following modes:
  1. Direct investment: You can buy Hindustan Copper (HINDCOPPER) shares by opening a Demat account with Angel One.
  2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Hindustan Copper (HINDCOPPER) shares.

Is Hindustan Copper a Debt free Company?

No, Hindustan Copper is not a debt free company.

What is the main business of Hindustan Copper?

The main business of Hindustan Copper is to mine copper and undertake various processes, such as beneficiation, refining, smelting, and casting, for turning refine copper metal into saleable products. It primarily sells copper concentrate, copper wire bars, continuous cast copper rods, copper cathodes, anode slime (including gold and silver), sulphuric acid, and copper sulphate.

Who are the promoters of Hindustan Copper?

The primary promoter of Hindustan Copper is the President Of India with an 66.14% shareholding as on 30th September 2022.

What are the Subsidiaries that comes under Hindustan Copper?

The only subsidiary that comes under Hindustan Copper is Chhattisgarh Copper Limited (CCL).