Hindustan Copper Stock Plunges on Global Copper Price Volatility
Hindustan Copper's stock price plummeted by 3.14% in pre-open trading, dipping to ₹527.35 after a strong Q1 FY27 earnings report.
The company reported a 163% year-on-year surge in consolidated net profit, reaching ₹353 crore, while revenue from operations climbed 81.4% to ₹936.5 crore.
Despite the robust financial performance, global copper prices remain volatile, falling to $6.56 USD per pound on August 14, down 0.55% from the previous day.