Hindustan Copper shares witnessed unusually heavy trading activity on Wednesday, January 28. On the BSE, 89.58 lakh shares changed hands, significantly higher than the two-week daily average of 33.66 lakh shares. The stock surged as much as 13% to a fresh record high of ₹635.80 on the National Stock Exchange, while on the BSE, it gained 12.93%, supported by elevated trading volumes.
Hindustan Copper Shares Soar 13% to Record High on Strong Demand and Strategic Wins
The stock has seen strong buying interest over the past year, emerging as a proxy for rising copper and other industrial metal prices in both domestic and global markets. According to BSE data, Hindustan Copper shares have jumped a remarkable 157% since January last year.
The surge in copper demand is driven by its critical role in electric vehicles (EVs), solar panels, and power grids. Analysts note that an EV consumes 3–4 times more copper than a conventional internal combustion engine car. Likewise, the expansion of renewable energy infrastructure and grid modernization requires copper-intensive wiring, while AI-powered data centers further contribute to rising demand. As countries accelerate energy transition and invest in AI-led infrastructure, copper consumption is increasing faster than anticipated.
Adding to investor confidence, Hindustan Copper recently informed exchanges that it has been declared the preferred bidder for a key mining lease and composite license in Madhya Pradesh.
“Hindustan Copper Ltd (HCL) participated in the Notice Inviting Tender dated October 31, 2025, for the grant of Mining Lease and Composite Licence issued by the Directorate of Geology and Mining, MP. The forward e-auction for the Baghwari Khirkhori Copper and Associated Mineral Block concluded successfully on January 22, 2026. As HCL submitted the highest final price offer, it has been declared the Preferred Bidder for this auction,” the company stated in a regulatory filing.
This combination of rising copper demand and strategic business wins has propelled Hindustan Copper shares to new record levels, making it one of the most closely watched stocks in the metals sector.
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.
FAQ: Hindustan Copper Shares Surge 13% to Record High
1. What happened to Hindustan Copper shares recently?
On Wednesday, January 28, Hindustan Copper shares experienced unusually heavy trading. On the BSE, 89.58 lakh shares changed hands, significantly above the two-week daily average of 33.66 lakh shares. The stock surged as much as 13% to ₹635.80 on the NSE and gained 12.93% on the BSE, reaching record highs.
2. How has Hindustan Copper performed over the past year?
Hindustan Copper has been a hot pick among investors, acting as a proxy for rising copper and other industrial metal prices. According to BSE data, the stock has jumped 157% since January last year, showing strong and consistent buying interest.
3. Why is copper demand increasing?
Copper demand is rising due to its essential role in:
Electric Vehicles (EVs): EVs use 3–4 times more copper than conventional cars.
Renewable Energy: Solar panels and grid upgrades require copper-intensive wiring.
AI and Data Centers: Modern infrastructure needs more copper for power and connectivity.
As countries push for energy transition and invest in AI-led infrastructure, copper consumption is growing faster than anticipated.
4. What recent strategic win boosted investor confidence?
Hindustan Copper was declared the preferred bidder for a key mining lease and composite license in Madhya Pradesh.
“Hindustan Copper Ltd (HCL) participated in the Notice Inviting Tender dated October 31, 2025, for the grant of Mining Lease and Composite Licence issued by the Directorate of Geology and Mining, MP. The forward e-auction for the Baghwari Khirkhori Copper and Associated Mineral Block concluded successfully on January 22, 2026. As HCL submitted the highest final price offer, it has been declared the Preferred Bidder,” the company stated in a regulatory filing.
5. How is Hindustan Copper performing compared to market indices?
As of 12:41 pm on the same day, Hindustan Copper shares were up 12.36% at ₹631, outperforming the NIFTY Smallcap 100 index, which rose by only 1.8%.
6. Why are investors closely watching Hindustan Copper?
The stock combines rising global copper demand with strategic business expansions, making it a key player in the metals sector. Strong fundamentals and positive market sentiment have pushed it to new record levels, attracting significant investor attention.
