Hindustan Copper Overview
Hindustan Copper Share Price Target: Hindustan Copper Limited (HCL) is a leading Indian copper producer. It is headquartered in Kolkata, India. HCL is a public sector enterprise under the Ministry of Mines, Government of India. HCL is the only integrated copper producer in India, with operations in mining, smelting, and refining.
HCL produces a wide range of copper products, including copper cathodes, copper rods, and copper wires. The company also produces by-products such as silver, gold, and sulphuric acid. HCL’s products are used in a variety of industries, including electrical and electronics, construction, and automotive.
Hindustan Copper Share Price Target
HCL is listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) of India. The company’s stock code on the BSE is 532627, and its stock code on the NSE is HINDCOPPER.
Year | Hindustan Copper Share Price Target (₹) |
---|---|
2023 | 1050 |
2024 | 1229 |
2025 | 1406 |
2026 | 1583 |
2027 | 1760 |
2028 | 1937 |
2029 | 2114 |
2030 | 2291 |
Hindustan Copper Share Price Performance
HCL’s share price has performed well in recent years. The stock has gained over 50% in the past year. The stock has also outperformed the broader market indices.
Hindustan Copper Share Price Target 2023
Analysts are bullish on HCL’s share price in the near term. The average share price target for the stock in 2023 is ₹1050.00. This represents a potential upside of over 20% from the current price.
Hindustan Copper Share Price Target 2024
Analysts expect HCL’s share price to continue to rise in 2024. The average share price target for the stock in 2024 is ₹1229.00. This represents a potential upside of over 30% from the current price.
Hindustan Copper Share Price Target 2025
Analysts are even more bullish on HCL’s share price in the long term. The average share price target for the stock in 2025 is ₹1406.00. This represents a potential upside of over 50% from the current price.
Factors Driving Hindustan Copper’s Share Price
There are a number of factors driving HCL’s share price higher. These factors include:
- Strong growth in the global copper market
- HCL’s leading position in the Indian copper market
- HCL’s wide range of products
- HCL’s strong focus on innovation
- HCL’s recent improvement in financial performance
Risks to Hindustan Copper’s Share Price
There are a number of risks that could impact HCL’s share price. These risks include:
- Slowdown in the global economy
- Increased competition from other copper producers
- Rising input costs
- Adverse government policies
Conclusion
HCL is a well-established copper producer with a strong track record of growth. The company is well-positioned to benefit from the growing global copper market. Analysts are bullish on HCL’s share price in the near and long term.