Hindustan Copper shares witnessed a sharp 20% upper circuit rise, while the metal index continued its winning streak for the third consecutive trading session. Strong global cues, firm copper prices, and improved outlook for metal demand have supported the rally.
Metal Stocks
Vedanta to Sell 1.6% Stake in Hindustan Zinc via OFS at Rs 685; Rs 4,600 Cr Fund Raise Plan
Vedanta Ltd (NSE: VEDL) has announced its plan to sell up to 1.6% stake in Hindustan Zinc Ltd through an Offer for Sale (OFS). The company aims to raise around Rs 4,600 crore from this stake sale.
Hindustan Copper Share Price Hits 15-Year High | Should Investors Book Profit?
Hindustan Copper share price jumped nearly 8% on Tuesday, touching its highest level in the last 15 years. The rally came as global copper prices hit a fresh all-time high, supported by strong demand and tight supply.
Hindustan Zinc Share Price Target Rs 660: Why Jefferies Is Bullish on the Stock
Shares of Hindustan Zinc have been gaining attention again after global brokerage firm Jefferies initiated coverage on the stock with a Buy rating and a target price of Rs 660. The brokerage believes the company is well placed to benefit from rising silver and zinc prices and expects strong earnings growth over the next few years.
Hindustan Zinc Share Price Jumps 2.65%: Investors Cheer Strong Buying Mood
Hindustan Zinc Ltd (HZL) has added 11.3% over last one month compared to 2.15% fall in BSE Metal index and 0.69% rise in the SENSEX