HINDUSTAN COPPER Share Price Up by 11%; BSE METAL Index Up 3.6%
February 23, 2021 02:26 PM

HINDUSTAN COPPER share price has zoomed 11% and is presently trading at Rs 109.

Meanwhile, the BSE METAL Index is at 13,564 (up 3.6%).

Among the top Gainers in the BSE METAL Index today is HINDUSTAN COPPER (up 10.8%).

HINDUSTAN ZINC (down 0.3%) is among the top loser today.

Over the last one year, HINDUSTAN COPPER has moved up from Rs 36 to Rs 109, registering a gain of Rs 73 (up 201.4%).

On the other hand, the BSE METAL has moved up from 9,549 to 13,564, registering a gain of 4,015 points (up 42.0%) during the last 12 months.

The top buzzing stocks among the BSE METAL Index stocks during this same period were JINDAL STEEL & POWER (up 79.0%), HINDALCO (up 78.3%) and SAIL (up 67.8%).

What About the Benchmark Indices?

The BSE Sensex is at 50,327 (up 0.3%).

The top gainers among the BSE Sensex stocks today are ONGC (up 7.0%), TATA STEEL (up 5.2%) and INDUSIND BANK (up 2.4%). Other gainers include L&T (up 2.3%) and ULTRATECH CEMENT (up 2.0%). The most traded stocks in the BSE Sensex are ONGC and SBI.

In the meantime, NSE Nifty is at 14,854 (up 0.5%). The top gainers in the NSE Nifty include ONGC (up 6.9%), HINDALCO (up 6.8%) and TATA MOTORS (up 5.4%). Other gainers include TATA STEEL (up 5.1%) and UPL (up 5.0%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 41,323 to 50,327, registering a gain of 9,004 points (up 20.75%).

HINDUSTAN COPPER Financial Update...

HINDUSTAN COPPER net profit down at Rs 5 billion for the quarter ended March 2020, compared to a loss of Rs 955 million a year ago. Net Sales rose 57.4% to Rs 1.5 billion during the period as against Rs 933.0 million in January-March 2019.

For the year ended March 2019, HINDUSTAN COPPER reported 82.2% increase in net profit to Rs 1.5 billion compared to net profit of Rs 798.0 million during FY18.

Revenue of the company grew 5.6% to Rs 18 billion during FY19.

The current Price to earnings ratio of HINDUSTAN COPPER, based on rolling 12 month earnings, stands at down 17.7x.