Being an enterprise valued at 30,285.42 crore, the Hindustan copper share price is reigning over a semi-strong bullish uptrend minted at INR 390-410. Hindustan Copper Limited poses as a public sector undertaking that oversees the production, exploration, exploitation, refining, smelting, and casting of their primary component copper.
Now to address whether or not to invest in the Hindustan Copper share price demands a comprehensive guide on the financial, operational, and market dynamics of the Hindustan Copper Limited. Thereby, stay tuned to grasp the present and future prospects of this investment.
Where is the Hindustan Copper share price headed?
With the Indian government being enlisted as a 66.14% equity beneficiary, the Hindustan copper share price has depicted a high promoter holding. Being virtually debt-free, the Hindustan Copper share price has targeted an optimistic upward momentum over the past year.
Hindustan Copper share price financials
| Hindustan Copper share price market cap | 30,137.30 crore |
| Hindustan Copper shares number | 96.70 crore |
| Hindustan Copper share price face value | INR 5 |
| Hindustan Copper share price earnings ratio | 83.36% |
| Hindustan Copper share price book ratio | 12.57% |
| Hindustan Copper share price book value | INR 24.8 |
| Hindustan Copper share price earnings per share | INR 3.74 |
| Hindustan Copper share price return on equity | 13.53% |
| Sales growth | 2.36% |
| Dividend yield | 0.3% |
| Return on common equity | 18% |
| Profit growth | 0.03% |
| Debt to equity | 0.10 |
| Price/cash flow | 103.19 |
| Interest coverage ratio | 25.74 |
Hindustan Copper share price analysis
Increased copper market values and manufacturing volumes posed as growth catalysts for the Hindustan copper share price revenue, surging the 52-week high note.
The share price forecasted growth with a margin of 0.38%, while within the past 5 days, Hind Copper NSE traded at the stock exchange with a 14.12% increase.
- A 5.80 rated cash flow from operations (CFO) from net profits (PAT) has positioned the Hindustan copper share price with substantial cash flow management.
- Profit growth of 38.9% over the past 3 years was also consequently met with a -1.32% poor revenue growth.
- Trading at a high enterprise value of 43.38 has also significantly projected a healthy 25.74 interest coverage ratio.
- Although practically debt-free, the company narrowly strides with a liabilities count of 1439.06 crores.
Hindustan Copper share trading credentials
| Bombay Stock Exchange Limited (BSE) | INR 310.95 |
| National Stock Exchange (NSE) | INR 311.85 |
| 52-week high | INR 415.60 as of 22nd May, 2024 |
| 52-week low | INR 135.70 as of 26th October, 2023 |
| Highest valued of all time | INR 656.95 as of 20 January 2010 |
| Lowest valued of all time | INR 18.30 as of 25th March, 2020 |
Future prospects of Hindustan Copper Limited
The past year was highly in favor of the Hindustan Copper Limited investors, who garnered a doubled investment spree, with the share price movement staggering across INR 390 to 410.
Chartered financial and investment expert Anand Rathi, who holds a wealth of knowledge in investment banking and stock brokerage, has expressed an optimistic view in trading the Hindustan Copper Limited shares at INR 410.
Prominent investment advisors have sighted a positive outlook at buying the shares at an INR 330 to 340 level.
What led to this trend?
With the globalization of the sustainable notion, markets are sidelining renewable infrastructure and energy sources. Such a trend can be directly correlated with the surging copper demands that have called for the heightened production levels at low costs.
On the other hand, owing to environmental causes, copper prices are fluctuating on a global level, exposing copper manufacturers to increased risk on the long-term profile of investing in copper.
Hindustan Copper share price target 2025
| Baseline goal | INR 378 |
| Ceiling goal | INR 750 |
Target 2026
| Baseline goal | INR 445.40 |
| Ceiling goal | INR 789.02 |
Target 2027
| Baseline goal | INR 485.52 |
| Ceiling goal | INR 897.88 |
Target 2028
| Baseline goal | INR 520.18 |
| Ceiling goal | INR 1030.63 |
Target 2029
| Baseline goal | INR 564.95 |
| Ceiling goal | INR 1165.10 |
Target 2030
| Baseline goal | INR 600.00 |
| Ceiling goal | INR 1290.08 |
Investor shareholding snapshot
| Promoter holding | 67.15% |
| Indian president shareholding value | INR 19,933.55 crore |
| Foreign institutional investors | 3.25% |
| Domestic institutional investors | 11.60% |
| Public holding | 18.00% |
| Others | 0% |
Industry competitors benchmarking
| Competitors | Earnings per share | Market cap |
| Hindalco Industries Limited | INR 20.33 | INR 31,781.24 |
| Hindustan Zinc | INR 19.35 | INR 2,16,019.43 |
| Gravita India | INR 25.60 | INR 14,806.22 |
| Bharat wire ropes | INR 13.26 | INR 1956.55 |
| Vedanta | INR 20.33 | INR 1,82,243.64 |
| Ram Ratna Wires | INR 11.50 | INR 2313.30 |
Hindustan Copper Limited overview
Outperforming its 5-year average of 6.07% with a return on equity of 12.92%, the company’s share prices seemingly projects a neutral semi-strong card. The nation’s sole vertically integrated copper manufacturer is directed by the Indian Ministry of Mines under a managerial basis.
Brief history
With the seemingly overvalued share price trend, the company was previously incorporated on the 9th of November 1967 as an established Indian government enterprise that sought the exploration of copper. Hindustan Copper Limited quickly gained foothold leasing into the production, marketing, and mining of copper-related products across five operating units in India, namely:
- Gujarat: Copper refinement and smelting process at the Gujarat Copper Project.
- Madhya Pradesh: Malanjkhand Copper Project (MCP) mining and ore processing plant.
- Jharkhand: Indian Copper Complex (ICC) mining and refined copper manufacturing.
- Maharashtra: Taloja Copper Project (TCP) wire rod production.
- Rajasthan: Mining and copper ore processing at the Khetri Copper Complex.
Operational profile
With a capital buildup of INR 1100 crore, Hindustan Copper Limited has vitally outperformed its competitors by swiftly operating in the production and mining activities of copper ore along with its downstream product substitutes. The copper manufacturer has managed to conduct exclusive research analysis related to the refinement, exploration, and exploitation of copper deposits.
Frequently Asked Questions
How can I invest in the Hindustan Copper share price?
You can open a demat account with the Groww or Angel One medium after the verification of your Know Your Customer (KYC) documents.
What is the technical viewpoint of investing in Hindustan Copper Limited?
With an RSI level of 59, leveraging between the overbought 70 and oversold 30 threshold suggests a neutral stance.
Investors are requested to be aware of the support and resistance levels to estimate their buying prospects.
A solid buying signal is projected with the short-term movement on daily averages.
Would the Hindustan Copper Limited serve as a beneficial long-term stake?
To overlook the short-term volatility in shares, investors can go long-term. Taking note of the copper price demands increase on a global level along with the company’s expansion plans, investors should consider investing on a long-term basis at Hindustan Copper Limited.
Conclusion
Analyzing the copper market supply-demand dynamics, strategic company expansion plans, copper environmental concerns, and government regulations, the Hindustan Copper share price is likely exposed to hold a neutral stance in between the bullish and bearish share trends. Investors are highly advised to consider the present and future prospects of the shares before culminating in an investment decision.
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