HINDCOPPER - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 4.0
| Stock Code | HINDCOPPER | Market Cap | 59,279 Cr. | Current Price | 614 ₹ | High / Low | 760 ₹ |
| Stock P/E | 103 | Book Value | 30.9 ₹ | Dividend Yield | 0.24 % | ROCE | 23.8 % |
| ROE | 18.7 % | Face Value | 5.00 ₹ | DMA 50 | 503 ₹ | DMA 200 | 364 ₹ |
| Chg in FII Hold | 1.51 % | Chg in DII Hold | -0.43 % | PAT Qtr | 186 Cr. | PAT Prev Qtr | 134 Cr. |
| RSI | 57.1 | MACD | 42.9 | Volume | 3,99,97,720 | Avg Vol 1Wk | 9,17,09,195 |
| Low price | 184 ₹ | High price | 760 ₹ | PEG Ratio | 13.8 | Debt to equity | 0.05 |
| 52w Index | 74.6 % | Qtr Profit Var | 83.0 % | EPS | 5.93 ₹ | Industry PE | 96.5 |
📊 Hindustan Copper (HINDCOPPER) shows strong earnings growth and bullish technical indicators, though valuations are stretched compared to industry averages. The RSI at 57.1 indicates neutral-to-positive momentum, while MACD (42.9) signals strong bullish sentiment. The optimal entry price would be around ₹600–₹610, near the support zone. If already holding, consider exiting around ₹740–₹750, close to the recent resistance near the 52-week high.
✅ Positive
- ROCE (23.8%) and ROE (18.7%) reflect strong efficiency and profitability.
- Debt-to-equity ratio of 0.05 indicates very low leverage.
- Quarterly PAT growth from ₹134 Cr. to ₹186 Cr. (+83%) shows robust earnings momentum.
- FII holdings increased (+1.51%), showing strong foreign investor confidence.
- MACD (42.9) indicates strong bullish momentum in the short term.
⚠️ Limitation
- High P/E (103) compared to industry PE (96.5) suggests overvaluation.
- Dividend yield of 0.24% is negligible.
- PEG ratio of 13.8 indicates limited growth relative to valuation.
- Trading volume lower than weekly average suggests reduced participation.
📉 Company Negative News
- DII holdings decreased (-0.43%), showing reduced domestic institutional support.
- High valuation may limit upside potential despite strong fundamentals.
📈 Company Positive News
- Strong quarterly profit growth supports investor confidence.
- EPS of ₹5.93 reflects improving profitability.
- Stock trading above DMA 50 and DMA 200 indicates long-term strength.
🏭 Industry
- Metals and mining industry benefits from rising global demand for copper in infrastructure and renewable energy.
- Industry PE at 96.5 highlights sector-wide premium valuations.
- Sector outlook remains positive with copper demand driven by EVs and clean energy projects.
🔎 Conclusion
Hindustan Copper is a fundamentally strong company with robust profit growth and low debt. While valuations are stretched, technical indicators suggest bullish momentum. For swing trading, entry near ₹600–₹610 is favorable, with an exit target around ₹740–₹750. Strong fundamentals and industry demand make it a good candidate for swing trades, though traders should remain cautious due to high valuation risks.