Hindustan Copper (HINDCOPPER) Share Price Falls 2.43% Today; Key Levels, Valuation and Sector View
- September 7, 2026
- Posted by: Harsh Piplani
- Category: News
Hindustan Copper Share Price was at Rs 508.90 on 07 September 2026 at 1:23:09 PM IST, down 2.43% or Rs 12.65 from the previous close of Rs 521.55. The company’s market capitalisation stood at Rs 50,435.14 crore, keeping the stock in the Large Cap category within the Non – Ferrous Metals space. The session is notable because the stock opened at Rs 521.65, briefly touched Rs 522.00, and then moved down to an intraday low of Rs 508.60.
The supplied dataset confirms the price move but does not identify any company-specific trigger behind it. That means today’s update is best understood through the numbers visible on screen: intraday price action, turnover, moving averages, valuation ratios, profitability measures, and the way the company compares with the same-industry benchmark and major listed peers.
For readers tracking Hindustan Copper Share Price Today, the practical questions are straightforward. Is the stock merely seeing a weak session, or does the move matter because it is happening while the stock already trades at a premium to sector norms? The data suggests the second question matters more. Profitability metrics remain strong, but valuation multiples are also significantly above benchmark medians.
Hindustan Copper (HINDCOPPER) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 508.9 |
| Previous Close | Rs 521.55 |
| Today's Move | -Rs 12.65 (-2.43%) |
| Open | Rs 521.65 |
| High | Rs 522 |
| Low | Rs 508.6 |
| Turnover | Rs 10.79 crore |
| Market Capitalisation | Rs 50,435.14 crore |
| Market Cap Category | Large Cap |
The day began almost flat relative to the previous close. Opening at Rs 521.65 against Rs 521.55 suggests there was no major gap-down at the start. Weakness developed during the session instead, with the stock slipping from the high of Rs 522.00 to Rs 508.60 before trading around Rs 508.90. In other words, sellers gained control after the open rather than before it.
The intraday range also gives useful context. A move from Rs 522.00 to Rs 508.60 reflects a spread of Rs 13.40 within the session, which is meaningful for a large-cap stock. Turnover of Rs 10.79 crore indicates there was active trading, though the supplied data does not by itself indicate whether institutional, retail, or broader sector-specific flows were the main driver.
Technical context is cautious rather than extreme. The available RSI is 46.67, which places the stock below the neutral 50 line but not in a deeply stretched zone based on this single reading. More importantly, the stock is below both its 50-day moving average of Rs 537.77 and 200-day moving average of Rs 533.74. That combination suggests current trade is weaker than both medium-term and longer-term reference levels.
Hindustan Copper (HINDCOPPER) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 50,435.14 crore |
| P/E Ratio | 44.37x |
| P/B Ratio | 13.65x |
| ROE | 30.67% |
| ROCE | 39.44% |
| EPS | Rs 11.75 |
| Book Value Per Share | Rs 38.21 |
| Dividend Yield | 0.55% |
On fundamentals, the stock presents a mixed but clear picture. Profitability is strong: ROE stands at 30.67% and ROCE at 39.44%. Those are robust return ratios on the supplied numbers and help explain why the company attracts attention within the metal space. At the same time, the market is assigning a high valuation to those returns, with the stock trading at 44.37 times earnings and 13.65 times book value.
EPS is Rs 11.75, which provides the earnings base for the quoted P/E multiple. Book value per share is Rs 38.21, and that is useful because it shows how far the current market price stands above accounting net worth. With the stock at Rs 508.90 and book value at Rs 38.21, the P/B ratio remains elevated. Dividend yield is 0.55%, which points to a modest yield profile at the current price.
So the current setup is not simply about weakness in price. It is about weakness in a stock that still carries premium valuation multiples. When that happens, markets sometimes become more sensitive to sentiment changes because a rich multiple leaves less room for disappointment. The supplied data does not say that this is the reason for today’s move, but it does show why valuation remains central to the discussion.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Non – Ferrous Metals |
| Industry | Metal – Non Ferrous |
| Benchmark Scope | same industry |
| Company P/E Ratio | 44.37x |
| Benchmark Median P/E | 19.75x |
| Benchmark Average P/E | 24.96x |
| Benchmark P/E Range | 5.4x to 119.68x |
| Company P/B Ratio | 13.65x |
| Benchmark Median P/B | 1.88x |
| Benchmark Average P/B | 2.08x |
| Company ROE | 30.67% |
| Benchmark Median ROE | 15.75% |
| Benchmark Average ROE | -13.56% |
| Company ROCE | 39.44% |
| Benchmark Median ROCE | 18.4% |
| Benchmark Average ROCE | 25.68% |
| Company Market Capitalisation | Rs 50,435.14 crore |
| Benchmark Median Market Cap | Rs 428.64 crore |
| Benchmark Average Market Cap | Rs 20,316.43 crore |
The sector comparison explains why the stock stands out. Within the same-industry benchmark of 34 companies, the company’s P/E of 44.37 is well above the median of 19.75 and the average of 24.96. Its P/B of 13.65 is even more striking because it matches the maximum value listed in the benchmark set, while the median is 1.88 and the average is 2.08.
That valuation premium exists alongside stronger profitability than many peers. ROE of 30.67% is ahead of the benchmark median of 15.75%, while ROCE of 39.44% is comfortably above the benchmark median of 18.40% and average of 25.68%. The company is also materially larger than the typical player in the industry set, with market capitalisation well above the median of Rs 428.64 crore and the average of Rs 20,316.43 crore.
This creates a balanced but demanding market narrative. The business, based on the available ratios, has stronger return metrics than the median industry company. But the stock is also being valued far more aggressively than the benchmark on both earnings and book value multiples. That gap matters when the stock is under pressure in a live session.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Hindustan Zinc | HINDZINC | 2,53,519.14 | 14.85 | 9.02 | 76.94 | 69.83 |
| Hindalco Industries | HINDALCO | 2,27,823.82 | 13.89 | 1.58 | 10.26 | 10.45 |
| Vedanta | VEDL | 1,06,362.56 | 5.4 | 1.94 | 27.59 | 18.72 |
| MALCO Energy | VOGL | 14,863.39 | 0 | -34.03 | 0 | 0 |
| Gravita India | GRAVITA | 12,268.81 | 31.3 | 4.8 | 16.73 | 17.18 |
Against the listed peer set, the valuation premium is easy to see. The company’s P/E of 44.37 is above Hindustan Zinc at 14.85, Hindalco Industries at 13.89, Vedanta at 5.40, and Gravita India at 31.30. Its P/B ratio of 13.65 is also above Hindustan Zinc’s 9.02, Hindalco’s 1.58, Vedanta’s 1.94, and Gravita’s 4.80.
Profitability, however, is not weak. ROE of 30.67% is higher than Hindalco’s 10.26%, Vedanta’s 27.59%, and Gravita’s 16.73%, though below Hindustan Zinc’s very strong 76.94%. ROCE of 39.44% is above Hindalco’s 10.45%, Vedanta’s 18.72%, and Gravita’s 17.18%, but below Hindustan Zinc’s 69.83%.
In size terms, the company is smaller than the largest sector names but still substantial. Its market capitalisation of Rs 50,435.14 crore is below Hindustan Zinc, Hindalco, and Vedanta, yet well above Gravita India and also above MALCO Energy. That makes it a meaningful name in the industry, but one whose share price still appears to embed higher expectations than several peers.
Why Investors Are Watching Hindustan Copper
- The stock is down 2.43% today, with trade near the session low.
- It is below both the 50-day moving average of Rs 537.77 and the 200-day moving average of Rs 533.74.
- RSI at 46.67 points to softer momentum without indicating an extreme reading from this single data point.
- P/E of 44.37 and P/B of 13.65 are far above same-industry medians.
- ROE of 30.67% and ROCE of 39.44% remain stronger than benchmark medians.
- Its Large Cap status and Rs 50,435.14 crore market capitalisation keep it prominent in sector tracking.
About Hindustan Copper
Hindustan Copper is classified in the Non – Ferrous Metals sector and the Metal – Non Ferrous industry. Based on the supplied market capitalisation of Rs 50,435.14 crore, it sits well above the median company size in its same-industry benchmark universe. That matters because price moves in larger metal names are often read through both stock-specific valuation and the wider industry lens.
Track Hindustan Copper Share Price on Univest
UseHindustan Copper (HINDCOPPER) live share-price page,Univest top decliners screener,Univest market blogsto review live stock data, top decliners and related market analysis.
Investors following Hindustan Copper Share Price can use Univest to track live price action, technical indicators, sector comparisons, and broader market context in one place. That is especially useful on sessions like this, when the day’s decline needs to be weighed alongside premium valuation and above-median profitability.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
What is Hindustan Copper Share Price today?
Ans. Hindustan Copper was at Rs 508.90 at the time of writing, down Rs 12.65 or 2.43% from the previous close of Rs 521.55. The intraday range was Rs 508.60 to Rs 522.00.
Why is Hindustan Copper falling today?
Ans. The supplied data confirms the stock is lower today, but it does not establish a company-specific catalyst. What is visible is the move from Rs 521.55 to Rs 508.90 during the session.
What does today’s price action show?
Ans. The stock opened at Rs 521.65, touched Rs 522.00, and then moved down to Rs 508.60. That pattern suggests weakness developed during trade rather than through a large negative opening gap.
What is the company’s market capitalisation?
Ans. The market capitalisation stood at Rs 50,435.14 crore, placing the stock in the Large Cap category. The company operates in the Non – Ferrous Metals sector. Its P/E ratio is 44.37x.
Is the stock expensive compared with its industry?
Ans. Based on the supplied benchmark, the stock trades at a P/E of 44.37 versus the same-industry median of 19.75 and average of 24.96. Its P/B of 13.65 is also above the benchmark median of 1.88.
How does it compare with major peers?
Ans. The stock’s P/E of 44.37 is above Hindustan Zinc, Hindalco, Vedanta, and Gravita India in the supplied peer list. Its ROCE of 39.44% is stronger than Hindalco, Vedanta, and Gravita, but below Hindustan Zinc.
What should investors monitor next?
Ans. Key levels to watch include the day low of Rs 508.60, as well as how the stock behaves relative to the 50-day and 200-day moving averages. Investors may also keep an eye on whether premium valuation continues to shape sentiment.
