Hindustan Copper Sees Surge in Trading Volume and Positive Market Momentum

Hindustan Copper Ltd, a prominent player in the Non-Ferrous Metals industry, has emerged as one of the most active equities today, with a total traded volume of 7,647,715 shares and a total traded value of approximately Rs 213.50 crores. The stock opened at Rs 275.04 and reached a day high of Rs 281.29, reflecting a 3.39% increase during the trading session. The last traded price stands at Rs 278.55.
Notably, Hindustan Copper has outperformed its sector by 1.43% today, continuing a positive trend with six consecutive days of gains, amounting to a remarkable 13.87% return over this period. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward momentum.

Investor participation has also seen a significant rise, with a delivery volume of 52.25 lakhs on June 26, marking an increase of 186.78% compared to the 5-day average delivery volume. With a market capitalization of Rs 26,979.97 crores, Hindustan Copper remains a liquid stock, suitable for trades up to Rs 3.61 crores based on 2% of the 5-day average traded value. Overall, the stock's performance today highlights its robust market position and active trading environment.