Hindustan Copper share price jumps nearly 4% after strong Q4 results. Should you buy, sell or hold?
Hindustan Copper share price rose nearly 4% following a 137.3% increase in Q4 net profit to ₹444.27 crore. Revenue surged 58% to ₹1,156 crore. The board recommended a final dividend of ₹1.86 per share and approved raising up to ₹500 crore through non-convertible debentures.
Hindustan Copper share price jumped nearly 4% on Monday, 18 May, after the firm reported strong Q4 results. State-run Hindustan Copper reported a sharp 137.3% year-on-year jump in consolidated net profit to ₹444.27 crore for the quarter ended 31 March 2026, driven by strong growth in revenue.
The company had posted a consolidated net profit of ₹187.18 crore in the corresponding quarter last year.
Revenue from operations during the March quarter rose 58% to ₹1,156 crore, compared with ₹731.40 crore a year ago, the company said in a regulatory filing.
The board of directors recommended a final dividend of ₹1.86 per equity share for FY26, subject to shareholder approval.
The board also approved the raising of up to ₹500 crore through non-convertible debentures (NCDs) on a private placement basis.
Furthermore, the company obtained board approval to raise funds through a Qualified Institutional Placement (QIP) of up to 9.69 crore equity shares to finance capital expenditures and expansion plans authorised by the Cabinet Committee on Economic Affairs (CCEA).
Hindustan Copper operates as a central public sector enterprise under the Ministry of Mines and is the sole company in India engaged in copper ore mining, possessing all active copper mining leases in the nation.
Hindustan Copper share price today
Hindustan Copper share price today opened at ₹579.05 per share on the BSE, touched an intraday high of ₹592 per share, and an intraday low of ₹574.65 per share.
According to Rajesh Bhosale, Equity Technical and Derivative Analyst at Angel One, the Hindustan Copper share price has opened on a positive note and is holding on to the opening gains. Prices have taken support on the 20-day moving average around 560, which remains a key support. Until it holds, the short-term trend remains positive. On the flip side, 620-630 is immediate resistance.
Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
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Dhanya Nagasundaram works as a Content Producer at LiveMint, specializing in news related to financial markets, stocks, and business. With over eight years of experience in journalism and content creation, she has honed her skills in data-driven reporting and market analysis. Her focus is on monitoring stock trends, initial public offerings (IPOs), corporate news, policy shifts, and larger economic trends that affect investors and market players. <br><br> At LiveMint, Dhanya consistently writes and produces articles that make complex financial topics accessible to readers. She keeps a close eye on equity markets, commodities, and macroeconomic indicators, assisting audiences in comprehending how global and domestic events influence investment perspectives. Her stories frequently underscore emerging trends within sectors, the IPO market, company earnings results, and market strategies pertinent to both retail and institutional investors. <br><br> Before her tenure at LiveMint, Dhanya accumulated a wealth of professional experience at various companies, including MintGenie, Informist, Cogenics, Chary Publications, KPMG, and the Royal Bank of Scotland. These positions allowed her to establish a solid foundation in financial research, reporting, and content creation. <br><br> Throughout her career, she has explored numerous subjects such as trading strategies, commodities, IPOs, wealth generation, corporate profits, and macroeconomic indicators. Her background in both financial journalism and corporate settings has given her the ability to tackle stories with analytical rigor while ensuring clarity for her audience. Through her contributions, Dhanya strives to deliver insightful, trustworthy, and investor-centric financial content.
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