The Economic Times News

Copper rally powers up to 76% surge in Hindustan Copper, Hindalco. Buy more or book profit?

Copper stocks Hindustan Copper and Hindalco have rallied sharply on strong prices, solid earnings, and improving demand. Both trade above key moving averages, though indicators signal overbought conditions. FIIs have raised stakes, and experts remain positive on the medium-term outlook. However, some warn that much of the optimism is priced in, advising profit booking or buying only on dips.