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Hindustan Copper Stock Jumps Over 6% After Q2 Profit Surges 180%

Hindustan Copper shares rallied more than 6% during Thursday's trading session after the state-owned company reported a sharp improvement in earnings for the July-September quarter of the financial year 2026-27 (Q2 FY27). The company's share price opened at ₹474 on the National Stock Exchange (NSE), compared with Wednesday's closing price of ₹436.35. The stock was also reported to have touched an…

Hindustan Copper Stock Jumps Over 6% After Q2 Profit Surges 180%

Hindustan Copper shares soared over 6% on Thursday as the state-owned company announced a dramatic 180% increase in net profit for the second quarter of the 2026-27 financial year. The stock opened at ₹474 on the National Stock Exchange, up from Wednesday's close of ₹436.35. An intraday high of ₹466.80 was reached on November 12, though this figure has yet to be confirmed as higher than the opening price.

The surge in Hindustan Copper's stock came after impressive financial results, driven by increased revenue and better operating profitability.

Hindustan Copper reported a consolidated net profit of ₹520 crore in Q2 FY27, a stark contrast to ₹186 crore in the same period last year. Revenue from operations rose 64% to ₹1,175 crore, up from ₹718 crore in the previous year. Earnings before interest, taxes, depreciation, and amortisation (EBITDA) surged 149% to ₹703 crore. This marked Hindustan Copper's highest recorded operating margin, expanding to 59.8% from 39.3% in the year-ago quarter.

The substantial profit increase was attributed to both revenue growth and improved operating margins. The stock's recent performance has been largely positive, with a 6.32% gain over the past week and a 34% increase over the previous year. Over three years, Hindustan Copper's share price has risen by 203%, while five-year returns reached 257.47%.

Despite the latest decline of 3.32% in the past month and a 13.07% downturn in 2026, the company's latest results have renewed interest in its earnings performance, operating margins, and share price movement.

Written by urgent.news from Free Press Journal's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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