Hindustan Copper Ltd. (HCL) is a central public sector undertaking under the Ministry of Mines, Government of India. Established on November 9, 1967, HCL is the only vertically integrated copper producer in India, with activities spanning mining, beneficiation, smelting, refining, and manufacturing continuous cast rods. Headquartered in Kolkata, HCL took over plants and mines at Khetri and Kolihan in Rajasthan, and the Rakha Copper Project in Jharkhand from the National Mineral Development Corporation. Significant expansions include the nationalization of the Indian Copper Corporation Limited in Jharkhand in 1972, the development of the Malanjkhand Copper Project in Madhya Pradesh, and the commissioning of a Continuous Cast Wire Rod plant at Taloja, Maharashtra in 1990. HCL’s shares are listed on multiple Indian stock exchanges, and in 2015, the government reduced its stake from 89.5% to 74.5%.
Hindustan Copper Ltd Services Overview
Hindustan Copper Ltd. (HCL) offers a comprehensive range of services in the mining and smelting of copper and the production of several valuable by-products. HCL not only focuses on copper but also produces gold, silver, nickel sulphate, selenium, tellurium, and fertilizer, enhancing its portfolio and contributing to various industries. A notable achievement for HCL is being the first Indian copper producer to receive ISO 9002 certification for its Continuous Cast Rod Manufacturing at the Taloja Plant, ensuring high standards in production quality. This certification extends to the manufacture of cathodes at its refineries located in the Indian Copper Complex, Ghatsila, Jharkhand, and Khetri Copper Complex, Khetri, Rajasthan, further showcasing its commitment to quality and excellence.
HCL operates extensive production facilities and offices across India, ensuring a broad geographical footprint and significant production capacity. The company’s forward-thinking approach includes plans to expand its capabilities, such as the proposed construction of a smelting refinery in Visakhapatnam. This new facility, with an annual capacity of 600,000 tonnes, is expected to be developed at an estimated cost of ₹20 billion, reflecting HCL’s ambition to scale up its operations and meet the growing demand for its products. Through these initiatives, Hindustan Copper Ltd. continues to play a vital role in the mining and smelting industry, contributing to the country’s economic growth and industrial development.
How to Purchase Hindustan Copper Ltd Shares in India?
Below are the trading platforms that you can use to purchase Hindustan Copper Ltd shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
Hindustan Copper Ltd Share Price Target 2024, 2025 to 2030
Hindustan Copper Ltd Share Price Target 2024
When | Maximum Price | Minimum Price |
August 2024 | 320.25 | 278.48 |
September 2024 | 333.06 | 289.62 |
October 2024 | 326.53 | 283.94 |
November 2024 | 339.59 | 295.30 |
December 2024 | 342.99 | 298.25 |
In 2024, Hindustan Copper Ltd’s share prices are expected to exhibit an upward trend. Starting in August 2024, the maximum price of Hindustan Copper Ltd’s shares is anticipated to reach ₹320.25, with a minimum price of ₹278.48. By December 2024, the share price is projected to hit a maximum of ₹342.99 and a minimum of ₹298.25, reflecting steady growth and positive market sentiment throughout the year.
Hindustan Copper Ltd Share Price Target 2025
When | Maximum Price | Minimum Price |
January 2025 | 346.42 | 266.48 |
February 2025 | 349.92 | 269.17 |
March 2025 | 357.27 | 274.82 |
April 2025 | 353.73 | 272.10 |
May 2025 | 343.43 | 264.18 |
June 2025 | 358.88 | 276.06 |
July 2025 | 351.85 | 270.65 |
August 2025 | 362.73 | 279.02 |
September 2025 | 367.08 | 282.37 |
October 2025 | 376.62 | 289.71 |
November 2025 | 386.04 | 296.95 |
December 2025 | 403.41 | 310.32 |
Hindustan Copper Ltd Share Price Target 2026
When | Maximum Price | Minimum Price |
January 2026 | 415.51 | 319.63 |
February 2026 | 405.13 | 311.64 |
March 2026 | 413.23 | 317.87 |
April 2026 | 421.66 | 324.36 |
May 2026 | 417.49 | 321.14 |
June 2026 | 427.92 | 329.17 |
July 2026 | 419.53 | 322.72 |
August 2026 | 432.51 | 332.70 |
September 2026 | 441.16 | 339.35 |
October 2026 | 452.63 | 348.18 |
November 2026 | 463.94 | 356.88 |
December 2026 | 475.54 | 365.80 |
Hindustan Copper Ltd Share Price Prediction 2027
When | Maximum Price | Minimum Price |
January 2027 | 480.30 | 369.46 |
February 2027 | 492.61 | 378.93 |
March 2027 | 511.83 | 393.71 |
April 2027 | 501.79 | 385.99 |
May 2027 | 487.17 | 374.75 |
June 2027 | 509.10 | 391.61 |
July 2027 | 499.12 | 383.93 |
August 2027 | 514.55 | 395.81 |
September 2027 | 532.56 | 409.66 |
October 2027 | 546.41 | 420.31 |
November 2027 | 560.07 | 430.82 |
December 2027 | 574.07 | 441.59 |
Hindustan Copper Ltd Share Price Target 2028
When | Maximum Price | Minimum Price |
January 2028 | 585.55 | 450.42 |
February 2028 | 600.57 | 461.97 |
March 2028 | 623.99 | 479.99 |
April 2028 | 611.75 | 470.58 |
May 2028 | 593.93 | 456.87 |
June 2028 | 620.66 | 477.43 |
July 2028 | 608.49 | 468.07 |
August 2028 | 627.31 | 482.55 |
September 2028 | 649.27 | 499.44 |
October 2028 | 666.15 | 512.42 |
November 2028 | 682.80 | 525.23 |
December 2028 | 699.87 | 538.36 |
Hindustan Copper Ltd Share Price Target 2029
When | Maximum Price | Minimum Price |
January 2029 | 713.87 | 549.13 |
February 2029 | 732.17 | 563.21 |
March 2029 | 760.73 | 585.18 |
April 2029 | 745.81 | 573.70 |
May 2029 | 724.09 | 556.99 |
June 2029 | 756.67 | 582.06 |
July 2029 | 741.84 | 570.64 |
August 2029 | 764.78 | 588.29 |
September 2029 | 791.55 | 608.88 |
October 2029 | 812.13 | 624.71 |
November 2029 | 832.43 | 640.33 |
December 2029 | 853.24 | 656.34 |
Hindustan Copper Ltd Share Price Prediction 2030
When | Maximum Price | Minimum Price |
January 2030 | 870.31 | 669.47 |
February 2030 | 892.62 | 686.63 |
March 2030 | 927.43 | 713.41 |
April 2030 | 909.25 | 699.42 |
May 2030 | 882.77 | 679.05 |
June 2030 | 922.49 | 709.61 |
July 2030 | 904.40 | 695.69 |
August 2030 | 932.37 | 717.21 |
September 2030 | 965.01 | 742.31 |
October 2030 | 990.10 | 761.61 |
November 2030 | 1,014.85 | 780.65 |
December 2030 | 1,040.22 | 800.17 |
As we step into January 2030, Hindustan Copper Ltd’s share price is expected to reach a maximum of ₹870.31 and a minimum of ₹669.47. By December 2030, the share price is projected to climb to a maximum of ₹1,040.22 and a minimum of ₹800.17, reflecting substantial growth over the year.
Financial Condition of Hindustan Copper Ltd
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
Sales + | 832 | 1,787 | 1,822 | 1,677 | 1,717 |
Expenses + | 1,074 | 1,376 | 1,310 | 1,185 | 1,170 |
Operating Profit | -242 | 411 | 512 | 492 | 547 |
OPM % | -29% | 23% | 28% | 29% | 32% |
Other Income + | 57 | 35 | 50 | 96 | 55 |
Interest | 62 | 64 | 30 | 17 | 16 |
Depreciation | 291 | 295 | 150 | 175 | 175 |
Profit before tax | -538 | 87 | 382 | 396 | 410 |
Tax % | 6% | -26% | 2% | 25% | 28% |
Net Profit + | -569 | 110 | 374 | 295 | 295 |
EPS in Rs | -6.15 | 1.19 | 3.87 | 3.05 | 3.05 |
Dividend Payout % | 0% | 29% | 30% | 30% | 0% |
From March 2020 to March 2024, Hindustan Copper Ltd showed a significant financial recovery and growth. Sales rose from ₹832 crore in March 2020 to ₹1,717 crore in March 2024, despite a brief dip in March 2023. Expenses decreased from ₹1,074 crore in March 2020 to ₹1,170 crore in March 2024, enhancing operating profit margins from -29% to 32%. Operating profits improved dramatically, turning from a loss of ₹242 crore in March 2020 to a profit of ₹547 crore by March 2024. Although other income fluctuated, peaking at ₹96 crore in March 2023 before falling to ₹55 crore in March 2024, interest expenses and depreciation also declined, supporting overall profitability. Profit before tax rebounded from a loss of ₹538 crore in March 2020 to a profit of ₹410 crore in March 2024, while net profit moved from a loss of ₹569 crore to ₹295 crore. EPS improved from -₹6.15 to ₹3.05, and although the dividend payout ratio was consistently 0% in March 2020 and March 2024, it ranged between 29% and 30% in the intervening years. This reflects a period of notable financial stabilization and growth for the company.
FAQS
What is the share price target for Hindustan Copper Ltd in 2025?
According to analysts, the share price target for Hindustan Copper Ltd in 2025 is between ₹264.18 (minimum) and ₹403.41 (maximum).
What is the Hindustan Copper Ltd share price target for 2030?
As per our price prediction, Hindustan Copper Ltd’s share price could reach a maximum of ₹1,040.22 by 2030.
Can Hindustan Copper Ltd’s share price reach ₹1000 by 2025?
While Hindustan Copper Ltd’s share price can increase, reaching ₹1000 by 2025 is unlikely based on current projections and historical trends.
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Conclusion
In conclusion, Hindustan Copper Ltd has shown remarkable financial recovery and growth from March 2020 to March 2024. Sales increased from ₹832 crore to ₹1,717 crore, while operating profits surged from a loss of ₹242 crore to a profit of ₹547 crore. The operating profit margin improved from -29% to 32%. Net profit turned around from a loss of ₹569 crore to ₹295 crore, and EPS rose from -₹6.15 to ₹3.05. These positive trends underscore Hindustan Copper Ltd’s strong financial stability and potential for continued growth.
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