Date 29.07.2025
Hindustan Copper Ltd
Timeframe : Day Chart
Technical Remarks :
1 Formed bullish engulfing on intraday closing basis
2 Closed above 200 exponential moving average
3 Took support from handle's bottom base
4 Dual neckline at 290 of descending triangle + cup & handle pattern
5 302 is another resistance after that high momentum journey
6 Keep todays low at 245 or 200 ema as strict stoploss on trailing basis
About The Company :
Main Products
1) Continous Cast Copper rod
2) Copper Cathode
3) Copper Concentrate
By-products
1)Copper Sulphate
2)Sulphuric acid
3) Anode Slime
4) Nickel hydroxide
5) Reverts
Plant Location
Taloja in Maharashtra
Jhagadia in Gujarat
Ghatsila in Jharkhand
Malankjand in Madhya Pradesh
Khetrinagar in Rajasthan
Revenue break up
Domestic sales - 43%
Export sales -57%
Exports sales - Product wise
Copper concentrates- 94%
Copper reverts- 2%
Anode slime - 4%
Valuations
Roce = 24%
Roe = 19%
Pe Ratio = 53
Book Value = 9X
Operating Profit Margins = 36%
Holding Pattern :
Promoter = 66.14%
DII = 3.71%
FII = 8.24%
Public = 21.90%
Regards,
Ankur
Hindustan Copper Ltd
Timeframe : Day Chart
Technical Remarks :
1 Formed bullish engulfing on intraday closing basis
2 Closed above 200 exponential moving average
3 Took support from handle's bottom base
4 Dual neckline at 290 of descending triangle + cup & handle pattern
5 302 is another resistance after that high momentum journey
6 Keep todays low at 245 or 200 ema as strict stoploss on trailing basis
About The Company :
Main Products
1) Continous Cast Copper rod
2) Copper Cathode
3) Copper Concentrate
By-products
1)Copper Sulphate
2)Sulphuric acid
3) Anode Slime
4) Nickel hydroxide
5) Reverts
Plant Location
Taloja in Maharashtra
Jhagadia in Gujarat
Ghatsila in Jharkhand
Malankjand in Madhya Pradesh
Khetrinagar in Rajasthan
Revenue break up
Domestic sales - 43%
Export sales -57%
Exports sales - Product wise
Copper concentrates- 94%
Copper reverts- 2%
Anode slime - 4%
Valuations
Roce = 24%
Roe = 19%
Pe Ratio = 53
Book Value = 9X
Operating Profit Margins = 36%
Holding Pattern :
Promoter = 66.14%
DII = 3.71%
FII = 8.24%
Public = 21.90%
Regards,
Ankur
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.