Hindustan Copper shares rose 14.79% to an intraday high of ₹545.95 today, reaching a new 52-week high amid a global metals price rise. The stock has then fallen from its day high to currently trade at ₹487.50. The stock’s advancement marks an increase of more than 36% in the last seven trading sessions. 

This rise in share price is due to a surge in copper prices to historic levels on the London Metal Exchange, with prices reaching $13,000 level. The Hindustan Copper share price increased as silver and copper prices rose. Silver prices rose 6% on Monday, surpassing ₹2,50,000 per kg on MCX. Copper prices jumped by 7.72% to ₹1,376.05 per kg.

Copper futures on the Multi-Commodity Exchange of India also reached a new high, matching gains in global markets. Prices were boosted by restricted supply, supported by US economic data, forecasts of interest rate cuts from the Federal Reserve, and a weaker dollar.

As per a report by Kotak Securities, this rally is flagged with a ‘constructive bias’—a bullish outlook driven not by speculation, but by extreme physical tightness. The market currently operates with extremely thin buffers, with global inventories estimated to be equivalent to barely one week of consumption. The market is now hypersensitive to any logistical stress or supply outage. With no meaningful new supply expected in early 2026, the rapid build-out of AI data centres in the U.S., India, and the Middle East is set to become a permanent demand pillar that the current supply chain is struggling to meet,” the report stated.

The Nifty Metal index, on the other hand, declined 0.16%, with 7 stocks advancing and 8 declining. Apart from Hindustan Copper, Welspun Corp and Tata Steel led the rally in the metal index, while Hindustan Zinc, NMDC and National Aluminium Company emerged as top laggards. This comes as commodity prices like gold, silver and copper declined sharply.

Stock performance:

The metal stock has risen 22% in the past five sessions. The stock is up 43.68% over a month and 74.54% over six months. On a year-to-date basis, the shares of Hindustan Copper have advanced 97.20%. The stock has proved to be a multibagger by adding 685.59% over five years.