Trading Activity and Price Movement
On 3 Feb 2026, Hindustan Copper Ltd recorded a total traded volume of 1.85 crore shares, translating into a substantial traded value of approximately ₹1155.29 crores. This level of turnover places the stock among the highest value movers in the non-ferrous metals industry on the day. The stock opened at ₹639.90, marking a significant gap up of 4.81% from the previous close of ₹610.55, signalling strong buying interest from the outset.
Throughout the trading session, the stock exhibited high volatility with an intraday range spanning from ₹610.10 to a peak of ₹658.00, representing a 7.77% intraday high from the previous close. Despite this volatility, the weighted average price indicated that a larger volume of shares traded closer to the lower end of the price band, suggesting some profit booking or cautious positioning by traders as prices approached the intraday highs.
By 10:39 AM IST, the last traded price stood at ₹612.75, reflecting a modest gain of 0.44% on the day, outperforming the sector’s decline of 0.68%. The Sensex, by comparison, surged 2.83%, indicating that while the broader market was buoyant, Hindustan Copper’s performance was more measured but still positive within its sector context.
Institutional Interest and Market Liquidity
Institutional participation remains a key driver behind the stock’s recent momentum. However, delivery volumes on 2 Feb 2026 fell by 41.49% compared to the five-day average, with a delivery volume of 1.1 crore shares. This decline in delivery volume suggests that while trading volumes remain robust, a significant portion of the activity may be speculative or intraday in nature rather than long-term accumulation.
Liquidity metrics further reinforce the stock’s attractiveness for sizeable trades. Based on 2% of the five-day average traded value, Hindustan Copper is liquid enough to support trade sizes up to ₹152.53 crores without significant market impact. This level of liquidity is crucial for institutional investors and large traders seeking to enter or exit positions efficiently.
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Technical and Trend Analysis
From a technical standpoint, Hindustan Copper’s price currently trades above its 20-day, 50-day, 100-day, and 200-day moving averages, signalling a sustained positive trend over multiple time horizons. However, it remains below the 5-day moving average, indicating some short-term consolidation or profit-taking pressure.
The stock has recorded gains for two consecutive days, delivering a cumulative return of 2.24% over this period. This steady upward momentum, combined with the recent upgrade in Mojo Grade, supports a constructive outlook for the near term.
Intraday volatility, calculated at 5.32% based on the weighted average price, underscores the stock’s dynamic trading environment. Such volatility can present both opportunities and risks for traders, particularly those employing short-term strategies.
Mojo Score Upgrade and Market Capitalisation
On 4 Dec 2025, Hindustan Copper’s Mojo Grade was upgraded from Hold to Buy, reflecting improved fundamentals and positive market sentiment. The company’s Mojo Score stands at a robust 77.0, indicating strong overall quality and growth potential as assessed by MarketsMOJO’s proprietary analytics.
Despite being classified as a small-cap stock with a market capitalisation of ₹59,302.75 crores, Hindustan Copper’s recent performance and upgraded rating have attracted increased attention from both retail and institutional investors. The Market Cap Grade of 3 further highlights its mid-tier valuation status within the broader metals sector.
Sector and Industry Context
Operating within the non-ferrous metals industry, Hindustan Copper benefits from favourable macroeconomic trends, including rising demand for copper in infrastructure, electrical equipment, and renewable energy sectors. The company’s strategic positioning and operational efficiencies have contributed to its improved market standing.
Compared to its sector peers, Hindustan Copper outperformed by 0.56% on the day, signalling relative strength amid a mixed metals market. This outperformance is particularly notable given the sector’s overall decline, suggesting that investors are selectively favouring companies with strong fundamentals and liquidity profiles.
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Investor Takeaways and Outlook
Hindustan Copper Ltd’s recent trading activity highlights a confluence of factors driving investor interest: a significant upgrade in Mojo Grade, strong liquidity, and a positive technical setup. While the stock’s intraday volatility and lower delivery volumes suggest some short-term speculative trading, the underlying fundamentals remain solid.
Investors should note the stock’s ability to outperform its sector amid broader market fluctuations, signalling resilience and potential for further gains. The company’s position in the non-ferrous metals sector, coupled with its mid-cap valuation, makes it an attractive candidate for portfolio diversification within the metals space.
However, caution is warranted given the high volatility and the recent dip in delivery volumes, which may indicate profit-taking or short-term uncertainty. Monitoring the stock’s movement relative to its short-term moving averages and institutional buying patterns will be crucial for assessing sustained momentum.
Overall, Hindustan Copper Ltd presents a compelling case for investors seeking exposure to the metals sector with a blend of growth potential and liquidity, supported by a favourable upgrade in its Mojo Grade and strong market participation.
Summary of Key Metrics:
- Total Traded Volume: 1.85 crore shares
- Total Traded Value: ₹1155.29 crores
- Opening Price: ₹639.90 (4.81% gap up)
- Intraday High: ₹658.00 (7.77% above previous close)
- Intraday Low: ₹610.10
- Last Traded Price (10:39 AM): ₹612.75 (+0.44%)
- Mojo Score: 77.0 (Upgraded to Buy on 4 Dec 2025)
- Market Capitalisation: ₹59,302.75 crores (Small Cap)
- Sector Outperformance: +0.56% vs sector decline of -0.68%
- Intraday Volatility: 5.32%
- Liquidity: Supports trade size up to ₹152.53 crores
As the metals sector continues to navigate global demand dynamics and supply constraints, Hindustan Copper Ltd’s strong trading activity and upgraded outlook position it as a stock to watch in the coming weeks.
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