Hindustan Copper Ltd Sees 5.9 Million Shares Traded Amid 4.04% Decline

Hindustan Copper Ltd, a prominent player in the Non-Ferrous Metals industry, has emerged as one of the most active equities by volume today. The stock, trading under the symbol HINDCOPPER, recorded a total traded volume of 5,917,031 shares, with a total traded value of approximately Rs 20.91 crores.
The stock opened at Rs 365.0 and reached a day high of Rs 365.0, but it also experienced a significant intraday low of Rs 348.5, reflecting a decline of 4.11%. Currently, the last traded price stands at Rs 350.5, marking a 4.04% decrease for the day. Despite this drop, Hindustan Copper is still trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend over the longer term.

The stock is close to its 52-week high, just 4.18% away from Rs 365.5. However, it has underperformed its sector, which saw a decline of 3.37%. Notably, there has been a rise in investor participation, with delivery volume increasing by 156.5% compared to the 5-day average. With a market capitalization of Rs 33,792.65 crores, Hindustan Copper remains a liquid stock, suitable for trades around Rs 14.04 crores based on recent trading activity. Overall, the stock's performance today reflects a mix of volatility and sustained interest in the market.