Hindustan Copper's Stock Price Sees 3.0% Increase, Outperforms Sector and Sensex

Hindustan Copper, a leading player in the metal - non ferrous industry, saw a 3.0% increase in its stock price on October 28, 2024. The stock has been given a 'Hold' call by MarketsMOJO, a leading financial analysis platform.

The stock outperformed the sector by 0.86% and showed a trend reversal after 5 consecutive days of falling. It touched an intraday high of Rs 280.8, a 3.35% increase from the previous day's close. However, Hindustan Copper is currently trading lower than its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages.

In the metal - non ferrous sector, Hindustan Copper's performance is in line with the overall trend, as the sector has gained by 2.15%. On a broader scale, Hindustan Copper's 1 day and 1 month performance has been better than the Sensex, with a 2.82% increase compared to the Sensex's 0.88% and a -18.96% decrease compared to the Sensex's -6.39%, respectively.

Hindustan Copper's consistent performance in the metal - non ferrous industry makes it a strong player in the market. With its stock showing a positive trend and outperforming the sector, it is definitely a company to keep an eye on.