Hindustan Copper Ltd's Stock Price Declines by -3.19% on July 10, 2024

Hindustan Copper Ltd, a largecap company in the non-ferrous metal industry, saw a decline of -3.19% in its stock price on July 10, 2024. This underperformance was reflected in the stock's trend reversal as it fell after five consecutive days of gains. The stock touched an intraday low of Rs 336.15, a decrease of -3.35%.

According to MarketsMOJO, a leading stock market analysis and recommendation platform, the current call for Hindustan Copper Ltd is 'Hold'. This is based on the stock's performance today, where it underperformed the sector by -2.48%. However, the stock's moving averages are still higher than the 5-day, 20-day, 100-day, and 200-day moving averages, indicating a positive trend in the long term.

In comparison to the Sensex, Hindustan Copper Ltd's performance in the past 1 day and 1 month has been -3.48% and -0.25%, respectively. This is lower than the Sensex's performance of -0.30% and 4.74% in the same time periods.

Hindustan Copper Ltd is a major player in the non-ferrous metal industry, with a large market capitalization. While the stock has seen a decline in its price, it is still performing better than the sector average. Investors may want to hold onto their positions in this stock for now, as it shows potential for long-term growth.