There was more trading activity than typical for Hindustan Copper shares. Up to 89.58 lakh shares were traded on the BSE, compared to the previous two weeks’ average of 33.66 lakh shares each day. On Wednesday, January 28, Hindustan Copper shares reached a new record high of ₹635.80 on the National Stock Exchange after rising as much as 13%. Hindustan Copper shares saw a 12.93% increase on the BSE due to higher-than-normal trading volumes.
There was more trading activity than typical for Hindustan Copper shares. Up to 89.58 lakh shares were traded on the BSE, compared to the previous two weeks’ average of 33.66 lakh shares each day.
Since the stock has become a stand-in for the rising prices of copper and other precious and industrial metals in both domestic and foreign markets, there has been a lot of buying interest in it for a while. According to BSE data, shares of Hindustan Copper have increased a staggering 157% since January of last year.
Because copper is a necessary material for the production of solar cell panels, electric cars, and power grids, demand for the metal has been rising quickly. Additionally, AI-intensive data centers depend on Coper.
Compared to a car with a traditional internal combustion engine, an electric vehicle consumes three to four times as much copper. Similarly, extensive copper-intensive wiring is needed for grid upgrades and renewable energy installations. Copper demand has been increasing more quickly than previously expected as nations invest in AI-led infrastructure and expedite their energy transformation goals, according to analysts.
In the meantime, Hindustan Copper notified traders last week that it had won the contract for the Government of Madhya Pradesh’s mining lease and composite license.
The Directorate of Geology and Mining MP, Government of Madhya Pradesh, issued a Notice Inviting Tender (NIT) on October 31, 2025, for the “Grant of Mining Lease and Composite Licence for Government of Madhya Pradesh,” in which Hindustan Copper Ltd. (HCL) took part. On January 22, 2026, the forward e-auction for the Baghwari Khirkhori Copper and Associated Mineral Block Composite Licence issuance was successfully completed (communication received today). HCL has been designated as the Preferred Bidder for this auction since it made the highest final price offer, according to a regulatory filing by Hindustan Copper.
Hindustan Copper shares were up 12.36% at ₹631 as of 12:41 pm, surpassing the 1.8% increase in the NIFTY Smallcap 100 index.
Disclaimer: Business Connect Magazine does not offer investment advice in this article, which is solely for informational reasons. Before making any investing decisions, please speak with a financial advisor.
FAQ: Hindustan Copper Shares Surge to Record High
1. What was the latest price of Hindustan Copper shares?
On Wednesday, January 28, 2026, Hindustan Copper shares reached a record high of ₹635.80 on the NSE, rising as much as 13%.
On the BSE, the shares increased by 12.93%, reaching ₹631 at 12:41 pm.
2. How much trading activity was observed in Hindustan Copper shares?
Up to 89.58 lakh shares were traded on the BSE, compared to the previous two weeks’ daily average of 33.66 lakh shares.
This indicates higher-than-normal trading volumes and strong investor interest.
3. Why are Hindustan Copper shares gaining so much attention?
Hindustan Copper has become a proxy for the rising prices of copper and other industrial metals in both domestic and international markets.
The stock has increased a staggering 157% since January of last year.
4. What is driving the demand for copper?
Copper is essential for:
Solar cell panels
Electric vehicles (EVs) – EVs use 3–4 times more copper than traditional cars
Power grids and renewable energy installations
AI-intensive data centers
The rapid growth in green energy, AI infrastructure, and EV adoption is boosting copper demand globally.
5. Did Hindustan Copper win any recent contracts?
Yes. HCL won the mining lease and composite license for the Baghwari Khirkhori Copper and Associated Mineral Block in Madhya Pradesh.
The company became the Preferred Bidder after offering the highest final price, according to a regulatory filing.
6. How does Hindustan Copper’s performance compare to market indices?
On the day of the surge, HCL shares rose 12.36%, outperforming the NIFTY Smallcap 100 index, which increased only 1.8%.
7. What should investors know about the future prospects of Hindustan Copper?
The company benefits from long-term trends in industrial and green energy demand.
Rising domestic and international copper prices, along with new mining contracts, could support further growth, though market volatility remains a factor.
8. How does copper usage in EVs and AI infrastructure impact HCL?
Electric vehicles require significantly more copper than traditional cars.
AI-led data centers and grid modernization also require large-scale copper deployment.
These trends directly increase demand for Hindustan Copper’s output, attracting investor interest.
9. Has Hindustan Copper historically delivered strong returns?
Yes, the stock has risen 157% over the past year, reflecting both metal price trends and strategic contract wins.
