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Hindustan Copper Ltd sees good buying

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Capital Market

Hindustan Copper Ltd is quoting at Rs 34.9, up 1.31% on the day as on 12:49 IST on the NSE. The stock is down 39.67% in last one year as compared to a 2.96% drop in NIFTY and a 33.75% drop in the Nifty Metal.

Hindustan Copper Ltd gained for a fifth straight session today. The stock is quoting at Rs 34.9, up 1.31% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.27% on the day, quoting at 11033.25. The Sensex is at 37320.22, up 0.47%. Hindustan Copper Ltd has risen around 10.27% in last one month.

 

Meanwhile, Nifty Metal index of which Hindustan Copper Ltd is a constituent, has risen around 2.12% in last one month and is currently quoting at 2360.05, up 1.94% on the day. The volume in the stock stood at 3.93 lakh shares today, compared to the daily average of 6.62 lakh shares in last one month.

The PE of the stock is 24.26 based on TTM earnings ending June 19.

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First Published: Sep 11 2019 | 1:01 PM IST

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