Hindustan Copper Ltd Share Price Target 2024, 2025 to 2030

Hindustan Copper Ltd. (HCL), established on November 9, 1967, is India’s only vertically integrated copper producer owned by the government under the Ministry of Mines. HCL’s operations encompass a wide range of activities, from mining and beneficiation to smelting, refining, and manufacturing continuous cast rods. The company’s central office is located in Kolkata, West Bengal. Key milestones in HCL’s history include the acquisition of the Khetri and Kolihan plants in Rajasthan and the Rakha Copper Project in Jharkhand from the National Mineral Development Corporation.

In 1972, the Indian Copper Corporation Limited in Jharkhand was nationalized and integrated into HCL, which later developed the Malanjkhand Copper Project in Madhya Pradesh—the largest hard rock open pit mine in India. In 1990, HCL commissioned a Continuous Cast Wire Rod plant using South Wire Technology at Taloja, Maharashtra. HCL’s shares are listed on multiple Indian stock exchanges, and in 2015, the Government of India reduced its stake in the company from 89.5% to 74.5%.

Hindustan Copper Ltd Share Price Prediction

About Hindustan Copper Ltd Services

Hindustan Copper Ltd. (HCL) offers a range of services in the mining and smelting of copper, as well as the production of various by-products. In addition to copper, HCL produces gold, silver, nickel sulphate, selenium, tellurium, and fertilizer as by-products. It is the first Indian copper producer to receive ISO 9002 certification for its Continuous Cast Rod Manufacturing at the Taloja Plant and for cathode production at its refineries in the Indian Copper Complex, Ghatsila, Jharkhand, and Khetri Copper Complex, Khetri, Rajasthan. HCL’s production facilities and offices are strategically located across India. The company is also considering the construction of a smelting refinery in Visakhapatnam with an annual capacity of 600,000 tonnes at a projected cost of ₹20 billion.

Shareholding Patterns of Hindustan Copper Ltd

Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024
Promoters + 66.14% 66.14% 66.14% 66.14% 66.14%
FIIs + 1.80% 2.18% 2.05% 3.13% 3.22%
DIIs + 15.89% 13.29% 13.70% 12.28% 9.34%
Public + 16.18% 18.39% 18.11% 18.45% 21.30%
No. of Shareholders 3,20,901 3,16,684 3,64,291 4,28,801 5,92,285

The shareholding pattern of Hindustan Copper Ltd shows a consistent dominance by promoters, holding a stable 66.14% stake from June 2023 through June 2024. The Foreign Institutional Investors (FIIs) showed a gradual increase in their stake from 1.80% in June 2023 to 3.22% by June 2024. Domestic Institutional Investors (DIIs) witnessed a decline, reducing their stake from 15.89% in June 2023 to 9.34% in June 2024. Public shareholding increased from 16.18% in June 2023 to 21.30% by June 2024, reflecting a growing interest among individual investors. The number of shareholders also saw a significant rise, from 320,901 in June 2023 to 592,285 by June 2024, indicating a broader

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

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➤ 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 322.45 280.39
September 2024 335.35 291.61
October 2024 328.78 285.89
November 2024 341.93 297.33
December 2024 345.35 300.30

In August 2024, Hindustan Copper Ltd’s share price is expected to reach a maximum of ₹322.45 and a minimum of ₹280.39. By December 2024, the share price is projected to hit a maximum of ₹345.35 and a minimum of ₹300.30.

Hindustan Copper Ltd Share Price Prediction 2025

When Maximum Price Minimum Price
January 2025 348.80 268.31
February 2025 352.32 271.02
March 2025 359.72 276.71
April 2025 356.16 273.97
May 2025 345.79 265.99
June 2025 361.35 277.96
July 2025 354.26 272.51
August 2025 365.22 280.94
September 2025 369.60 284.31
October 2025 379.21 291.70
November 2025 388.69 298.99
December 2025 406.18 312.45

In January 2025, Hindustan Copper Ltd’s share price is expected to reach a maximum of ₹348.80 and a minimum of ₹268.31. By December 2025, the share price is projected to climb to a maximum of ₹406.18 and a minimum of ₹312.45.

Hindustan Copper Ltd Share Price Target 2026

When Maximum Price Minimum Price
January 2026 418.37 321.82
February 2026 407.91 313.78
March 2026 416.07 320.05
April 2026 424.56 326.58
May 2026 420.35 323.35
June 2026 430.86 331.43
July 2026 422.42 324.93
August 2026 435.48 334.98
September 2026 444.19 341.68
October 2026 455.74 350.57
November 2026 467.13 359.33
December 2026 478.81 368.32

Hindustan Copper Ltd Share Price Target 2027

When Maximum Price Minimum Price
January 2027 483.60 372.00
February 2027 496.00 381.54
March 2027 515.34 396.42
April 2027 505.24 388.64
May 2027 490.52 377.32
June 2027 512.60 394.30
July 2027 502.54 386.57
August 2027 518.09 398.53
September 2027 536.22 412.48
October 2027 550.16 423.20
November 2027 563.92 433.78
December 2027 578.01 444.63

Hindustan Copper Ltd Share Price Prediction 2028

When Maximum Price Minimum Price
January 2028 589.57 453.52
February 2028 604.69 465.15
March 2028 628.27 483.29
April 2028 615.95 473.81
May 2028 598.01 460.01
June 2028 624.93 480.71
July 2028 612.67 471.29
August 2028 631.62 485.86
September 2028 653.73 502.87
October 2028 670.72 515.94
November 2028 687.49 528.84
December 2028 704.68 542.06

Hindustan Copper Ltd Share Price Target 2029

When Maximum Price Minimum Price
January 2029 718.77 552.90
February 2029 737.20 567.08
March 2029 765.95 589.20
April 2029 750.94 577.64
May 2029 729.06 560.82
June 2029 761.87 586.05
July 2029 746.93 574.56
August 2029 770.03 592.33
September 2029 796.98 613.07
October 2029 817.71 629.00
November 2029 838.15 644.73
December 2029 859.10 660.85

Hindustan Copper Ltd Share Price Target 2030

When Maximum Price Minimum Price
January 2030 876.28 674.07
February 2030 898.75 691.35
March 2030 933.80 718.31
April 2030 915.49 704.23
May 2030 888.83 683.72
June 2030 928.83 714.48
July 2030 910.61 700.47
August 2030 938.78 722.14
September 2030 971.64 747.41
October 2030 996.90 766.84
November 2030 1,021.82 786.02
December 2030 1,047.37 805.67

As we step into January 2030, Hindustan Copper Ltd’s share price is anticipated to reach a maximum of ₹876.28 and a minimum of ₹674.07. By December 2030, the share price is projected to climb to a maximum of ₹1,047.37 and a minimum of ₹805.67.

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%

The financial performance of Hindustan Copper Ltd from March 2020 to March 2024 reflects a trajectory of recovery and growth. Sales increased steadily from ₹832 crore in March 2020 to ₹1,717 crore in March 2024, despite a slight dip in March 2023. The company’s expenses showed a declining trend from ₹1,074 crore in March 2020 to ₹1,170 crore in March 2024, contributing to an improvement in operating profit margins from -29% in March 2020 to 32% in March 2024.

Operating profits improved significantly from a loss of ₹242 crore in March 2020 to a profit of ₹547 crore in March 2024. Other income fluctuated, peaking at ₹96 crore in March 2023 before dropping to ₹55 crore in March 2024. Interest expenses and depreciation costs decreased, further supporting profitability.

Profit before tax rebounded from a loss of ₹538 crore in March 2020 to ₹410 crore in March 2024. Net profit followed a similar trend, moving from a loss of ₹569 crore in March 2020 to ₹295 crore in March 2024. Earnings per share (EPS) improved from -₹6.15 in March 2020 to ₹3.05 in March 2024. The dividend payout ratio was 0% in March 2020 and March 2024 but ranged between 29% and 30% in the intervening years.

FAQS

What is the current share price of Hindustan Copper Ltd?

As of August 4th, 2024, the share price of Hindustan Copper Ltd is around INR ₹310.

What is the expected share price target of Hindustan Copper Ltd by 2024?

Based on various market analyses and expert opinions, the expected share price target of Hindustan Copper Ltd by 2024 is around INR 345.35.

What is Hindustan Copper Ltd share price target for 2025?

As per our analysis, Hindustan Copper Ltd in 2025 is expected to trade between ₹265.99 to ₹406.18.

What is Hindustan Copper Ltd share price target for 2030?

As per our analysis, Hindustan Copper Ltd share price target for 2030 would be somewhere between ₹674.07 and ₹1,047.37.

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Conclusion

In conclusion, Hindustan Copper Ltd has demonstrated significant financial recovery and growth from March 2020 to March 2024. During this period, the company’s sales increased substantially from ₹832 crore to ₹1,717 crore, reflecting a robust expansion in its revenue base. Operating profits saw a dramatic turnaround, improving from a loss of ₹242 crore in March 2020 to a profit of ₹547 crore by March 2024. This remarkable recovery is further evidenced by the operating profit margin, which surged from a negative 29% to a positive 32%, indicating enhanced operational efficiency and cost management.

Net profit also experienced a notable rebound, moving from a loss of ₹569 crore to a positive figure of ₹295 crore, highlighting the company’s successful efforts in stabilizing its financial performance. The Earnings Per Share (EPS) improved significantly, climbing from -₹6.15 to ₹3.05, reflecting increased profitability on a per-share basis. Overall, these positive financial trends underscore Hindustan Copper Ltd’s strong financial stability and growth potential, positioning it favorably for continued success in the future.

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Author: Ashnoor

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