Hindustan Copper Ltd Hits Intraday High with 9.44% Surge on 29 Jan 2026

Intraday Trading Highlights

On the trading day, Hindustan Copper Ltd opened with a gap up of 4.31%, signalling strong early demand. The stock reached an intraday peak of Rs. 687.3, representing an 8.63% rise from its previous close. This marked the highest price level for the stock in the past 52 weeks. The day’s trading was characterised by elevated volatility, with an intraday volatility of 20.32% calculated from the weighted average price, reflecting active participation from market participants.

Notably, the stock outperformed the Non-Ferrous Metals sector by 8.03%, underscoring its relative strength within the industry. Hindustan Copper Ltd has now recorded gains for four consecutive trading sessions, accumulating a total return of 27.75% over this period.

Technical Positioning and Moving Averages

From a technical perspective, Hindustan Copper Ltd is trading above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This broad-based technical strength suggests sustained upward momentum. The stock’s Mojo Score stands at 77.0, reflecting a Buy grade, an upgrade from its previous Hold rating as of 4 Dec 2025. The Market Cap Grade is 3, indicating a mid-tier market capitalisation within its peer group.

Comparative Market Context

While Hindustan Copper Ltd surged, the broader market indices showed contrasting trends. The Sensex opened flat with a marginal gain of 24.28 points but declined by 387.98 points (-0.44%) to close at 81,980.98. Several indices, including NIFTY PSE, NIFTY CPSE, and NIFTY METAL, reached new 52-week highs on the same day, highlighting sector-specific strength within the market.

Despite the Sensex trading below its 50-day moving average, the 50DMA remains above the 200DMA, indicating a mixed but cautiously optimistic medium-term market trend. Hindustan Copper Ltd’s one-day performance of 10.19% starkly contrasts with the Sensex’s negative return of -0.44%, emphasising the stock’s outperformance.

Performance Over Multiple Timeframes

Hindustan Copper Ltd’s recent gains are part of a broader trend of strong returns. Over the past week, the stock has appreciated by 31.10%, compared to a marginal decline of -0.40% in the Sensex. The one-month return stands at 43.03%, while the three-month performance is an impressive 98.27%, significantly outperforming the Sensex’s negative returns of -3.21% and -3.55% respectively over the same periods.

Longer-term performance metrics further highlight the stock’s strength. Over one year, Hindustan Copper Ltd has delivered a remarkable 205.25% return, vastly exceeding the Sensex’s 7.12%. Year-to-date, the stock has gained 34.46%, while the Sensex has declined by 3.80%. Over three, five, and ten-year horizons, the stock’s returns of 465.22%, 1062.97%, and 1305.65% respectively, dwarf the Sensex’s corresponding returns of 38.18%, 77.12%, and 229.63%.

Summary of Intraday and Recent Trends

Hindustan Copper Ltd’s strong intraday surge to Rs. 687.3 represents a continuation of a sustained upward trajectory. The stock’s ability to maintain levels above all major moving averages and its upgraded Mojo Grade to Buy reflect positive momentum and investor confidence in the non-ferrous metals sector. The stock’s outperformance relative to the Sensex and its sector peers underscores its current market strength.

Today’s trading session was marked by high volatility, yet the stock managed to close near its intraday highs, signalling robust demand. The four-day consecutive gain and the substantial returns over multiple timeframes highlight the stock’s resilience and appeal within its industry segment.

Overall, Hindustan Copper Ltd’s performance on 29 Jan 2026 stands out as a notable example of sector leadership amid a broadly mixed market environment.

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