Hindustan Copper Share Price: Hindustan Copper shares witnessed significant growth last month, outperforming railway stocks as well.
Government-owned company shares are experiencing a bullish trend these days. Railway stocks have been in a favorable trend for some time, attracting continuous investments. Apart from railways, several PSU stocks are also benefiting investors. One such stock is Hindustan Copper, which has delivered returns of over 57% in the last month.
38% Increase in the Share Price in 5 Trading Sessions Hindustan Copper has been exhibiting remarkable growth recently. In the past five trading sessions alone, the share has provided a return of 38% to its investors. Over the last month, it yielded a return of more than 57%. Looking at the past six months, the stock has delivered returns exceeding 135%.
Over the course of a year, the share has gained 150%, and in the last five months, it has increased the invested amount by up to 444%. As of Thursday, the share closed at Rs. 272.75 with a growth rate of 15.94%.
Returns from Railway Stocks Considering the last month, Rail Vikas Nigam Limited (RVNL) recorded a return of 7.29%, Indian Railway Finance Corporation Limited (IRFC) showed 27.82% growth, RailTel witnessed a 2.64% increase, Ircon marked a 1.62% rise, and Titagarh Rail Systems provided a return of 3.23%.
Business Overview of Hindustan Copper Hindustan Copper is a government-controlled company involved in copper mining and production. It operates as a profitable government enterprise. In the financial year 2022-23, the company reported a profit of Rs. 295 crore. During this period, the company’s revenue stood at Rs. 1,677 crore.
