Trading Activity and Price Movement
On 1 February 2026, Hindustan Copper Ltd witnessed an extraordinary trading volume of 51,098,237 shares, translating to a total traded value of approximately ₹3,018.37 crores. The stock opened sharply lower at ₹619.95, down 9.62% from the previous close of ₹685.90, and touched an intraday low of ₹555.10, marking a 19.07% decline from the prior day’s close. The last traded price (LTP) at 10:40 am was ₹612.75, reflecting a day’s loss of 11.40%.
The stock’s trading range was notably wide at ₹64.85, underscoring the heightened volatility with an intraday volatility of 5.05% calculated from the weighted average price. Interestingly, the weighted average price indicated that most volume was traded closer to the day’s low, signalling selling pressure dominating the session.
Sectoral and Market Context
Hindustan Copper operates within the Non-Ferrous Metals industry, a sector that underperformed on the day, declining by 8.94%. The stock itself underperformed the sector by 1.53%, reflecting broader market pressures on metal stocks. The benchmark Sensex, in contrast, posted a modest gain of 0.19%, highlighting the divergence between the metal sector and the broader market.
Over the past two trading sessions, Hindustan Copper has been on a downward trajectory, losing 19.31% cumulatively. This consecutive fall suggests sustained selling interest, possibly driven by profit booking or concerns over sector fundamentals.
Technical and Volume Analysis
Despite the recent price weakness, Hindustan Copper remains above its key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This technical positioning indicates that the longer-term trend remains intact, although the short-term momentum has weakened.
Delivery volume on 30 January surged to 2.84 crore shares, a remarkable 102.15% increase compared to the five-day average delivery volume. This spike in delivery volume suggests genuine investor participation rather than speculative intraday trading, pointing towards accumulation or distribution phases.
However, the weighted average price being closer to the day’s low and the sharp price decline imply that distribution is currently prevailing, with sellers outweighing buyers. The stock’s liquidity is robust, with the capacity to handle trade sizes up to ₹123.71 crores based on 2% of the five-day average traded value, making it attractive for institutional investors.
Only 1% make it here. This Large Cap from the Gems, Jewellery And Watches sector passed our rigorous filters with flying colors. Be among the first few to spot this gem!
- - Highest rated stock selection
- - Multi-parameter screening cleared
- - Large Cap quality pick
Fundamental and Market Capitalisation Overview
Hindustan Copper Ltd is classified as a small-cap stock with a market capitalisation of approximately ₹59,370.44 crores. The company operates exclusively in the Non-Ferrous Metals sector, which is currently facing headwinds due to global commodity price fluctuations and demand concerns.
The company’s Mojo Score stands at 77.0, reflecting a positive outlook based on a comprehensive assessment of financial health, price momentum, and quality metrics. This score has recently improved, prompting an upgrade in the Mojo Grade from Hold to Buy on 4 December 2025, signalling growing investor confidence in the stock’s medium-term prospects.
Investor Sentiment and Accumulation/Distribution Signals
The sharp increase in traded volume coupled with a significant price decline often indicates distribution, where large investors or institutions are offloading shares. The fact that the weighted average price is nearer to the day’s low supports this interpretation. However, the elevated delivery volumes suggest that some investors are holding onto their positions, possibly anticipating a rebound or longer-term value realisation.
Given the stock’s position above key moving averages and the recent upgrade in Mojo Grade, the current weakness may represent a short-term correction within a broader accumulation phase. Investors should monitor subsequent volume patterns and price action closely to discern whether the stock is entering a consolidation phase or continuing its downtrend.
Comparative Performance and Outlook
Compared to the sector’s 8.94% decline, Hindustan Copper’s 11.40% drop is more pronounced, indicating stock-specific factors at play alongside sectoral weakness. The stock’s underperformance relative to the sector and the Sensex’s positive return suggests selective selling pressure.
Looking ahead, the stock’s liquidity and improved Mojo Grade make it a candidate for renewed investor interest once volatility subsides. However, the current high volatility and wide trading range warrant caution for short-term traders.
Thinking about Hindustan Copper Ltd? Our real-time Verdict report breaks down everything – from financial health and peer comparison to technical signals and fair valuation for this small-cap stock!
- - Real-time Verdict available
- - Financial health breakdown
- - Fair valuation calculated
Conclusion
Hindustan Copper Ltd’s exceptional volume on 1 February 2026 highlights intense investor activity amid a volatile trading session. The stock’s sharp price decline and volume profile suggest distribution, yet its technical positioning and recent Mojo Grade upgrade indicate underlying strength. Investors should weigh the risks of short-term volatility against the potential for medium-term recovery, keeping a close eye on volume trends and sector developments.
As the Non-Ferrous Metals sector navigates global uncertainties, Hindustan Copper’s liquidity and improving fundamental scores position it as a stock to watch for discerning investors seeking exposure to this segment.
Unlock special upgrade rates for a limited period. Start Saving Now →
