Hindustan Copper Share Price Target 2022, 2023, 2024, 2025, 2030: Hindustan Copper Limited (HCL), a public sector undertaking under the administrative control of the Ministry of Mines. Today, we are going to analyze the business of Hindustan Copper in complete detail as well as look at the future prospects of the company’s business, which will give us a little idea, where the company’s performance is going to be in the coming years.
So in this article we try to give Hindustan Copper Share a new way through technical and fundamental analysis.
Hindustan Copper Share Price Target 2022
Company has the advantage of being the only vertically integrated copper company in the country, as it produces copper from the mining stage to mining, smelting, refining and casting refined copper metal into downstream salable products. The company sells copper cathodes, copper wire rods, continuously cast copper rods, and by-products such as anode slime (containing gold, silver, etc.), copper sulfate, and sulfuric acid.
The target price of the two target shares in Hindustan Copper was achieved by 2022. The target price of the first stake of Hindustan Copper was estimated at Rs 115. And the second target price of Hindustan Copper can be found at around Rs 120.
| Year | Hindustan Copper Share Price Target 2022 |
|---|---|
| First Target 2022 | Rs 115 |
| Second Target 2022 | Rs 120 |
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Hindustan Copper Share Price Target 2023
Hindustan Copper is engaged in business activities from the mining stage to beneficiation, smelting, refining and casting of refined copper metal into downstream salable products. The company sells copper cathodes, copper wire rods, continuously cast copper rods, and by-products such as anode slime (containing precious metals), copper sulfate, and sulfuric acid. The products offered by the company are continuously cast copper rod, copper cathode, copper concentrate, copper sulfate, sulfuric acid, reverts, anode slime and nickel cathode.
The target number of Hindustan Copper shares has been entered around 2023. The target price of Hindustan Copper by 2023 is estimated at Rs 140. And the second target price of Hindustan Copper managed to hover around Rs 145.
| Year | Hindustan Copper Share Price Target 2023 |
|---|---|
| First Target 2023 | Rs 140 |
| Second Target 2023 | Rs 145 |
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Hindustan Copper Share Price Target 2024
Hindustan Copper is taking necessary measures to increase production from its mines and is also in the process of expanding mining capacity through expansion projects. The company has projected an increase in mine production capacity from 3.4 million tonnes per annum (MTPA) to 12.2 MTPA during 2020-21. This was subsequently revised to 20.2 MTPA with the aim of promoting domestic production of copper metal and reducing dependence on imports. The expansion plan will be implemented in phases and a capacity of up to 12.2 MTPA would be targeted in the first phase. It would be increased to 20.2 MTPA in the second phase.
At the moment, we try to predict the price of two stocks that Hindustan Copper will be able to acquire in 2024. The initial target price of Hindustan Copper is estimated at Rs 160. And Hindustan Copper’s second price target is estimated at Rs 175.
| Target | Hindustan Copper Share Price Target 2024 |
|---|---|
| First Target 2024 | Rs 160 |
| Second Target 2024 | Rs 175 |
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Hindustan Copper Share Price Target 2025
Hindustan Copper (HCL) has signed a memorandum of understanding (MoU) with Hindalco Industries for the long-term sale of copper concentrate produced by HCL to Hindalco. Under this MoU, approximately 60% (copper content) of HCL’s current copper concentrate production will be used by Hindalco in the production of refined copper.
This partnership between HCL and Hindalco will go a long way in building the domestic copper industry by ensuring efficient use of the country’s mineral resources in a sustainable manner. With this partnership, HCL will take a step towards ensuring the supply of raw materials to indigenous copper producers. This will also fulfill the country’s mission of Make in India and AatmaNirbhar Bharat Abhiyaan.
Here we try to analyze the price of two target stocks of Hindustan Copper which can be acquired till 2025. The actual target price of Hindustan Copper has been estimated at Rs 200. And the second share price target of the same stock by 2025 is around Rs 210.
| Target | Hindustan Copper Share Price Target 2025 |
|---|---|
| First Target 2025 | Rs 200 |
| Second Target 2025 | Rs 210 |
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Hindustan Copper Share Price Target 2030
The first phase, which includes a significant shift from surface mining to underground mining at HCL’s flagship Malanjkhand Copper Project, is expected to triple ore production in the next seven to eight years. The company is currently dealing with the problem of low-grade ore. To achieve this goal, the company is looking for a suitable partner with a strong financial background to accelerate its future mine expansion project at a faster pace.
Hindustan Copper’s target price for the two stocks could be awarded by the end of 2030. The initial target price of Hindustan Copper will be able to achieve profit at 2030 level of Rs 380. And Hindustan Copper’s second target price at the end of this decade is almost Rs 440.
| Year | Hindustan Copper Share Price Target 2030 |
|---|---|
| First Target 2030 | Rs 380 |
| Second Target 2030 | Rs 440 |
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Future Prospectus of Hindustan Copper Share
- The partnership between HCL and Hindalco will go a long way in building the domestic copper industry by ensuring efficient use of the country’s mineral resources in a sustainable manner. With this partnership, HCL will take a step towards securing raw material supply to indigenous copper producers.
- To achieve the goal, the company is looking for a suitable partner with a strong financial background to accelerate its future mine expansion project at a faster pace.
Hindustan Copper Share Price Target 2022, 2023, 2024, 2025, 2030 Table
| Year | Hindustan Copper Share Price Target |
|---|---|
| First Target 2022 | Rs 115 |
| Second Target 2022 | Rs 120 |
| First Target 2023 | Rs140 |
| Second Target 2023 | Rs 145 |
| First Target 2024 | Rs 160 |
| Second Target 2024 | Rs 175 |
| First Target 2025 | Rs 200 |
| Second Target 2025 | Rs 210 |
| First Target 2030 | Rs 380 |
| Second Target 2030 | Rs 440 |
Risk of Hindustan Copper Share
- Hindustan Copper will have to focus on state empowerment, which currently affects all sectors of construction, housing and infrastructure and infrastructure development, which is critical to any state building effort.
- Hindustan Copper needs to improve its finances to maintain its market position in the long run.
Expert Views on Hindustan Copper Share
The short term and long term analysis we are doing on Hindustan Copper stock is also good for Uptrend and it will give you as an investor a lot of relief that your investment in this company’s stock will give you a good percentage of future returns.
Hindustan Copper Share Price Target F.A.Q.
– Where is Hindustan Copper headquarters?
The Headquarter of Hindustan Copper is in Kolkata, India.
– Who is the Present Managing Director of Hindustan Copper?
Shri Arun Kumar Shukla is the Present MD of Hindustan Copper.
– In Which business Hindustan Copper participates?
Hindustan Copper principal activities include mining of copper ore, concentration of copper ore into copper concentrate through a beneficiation process and also smelting, refining and extruding of the copper concentrate into refined copper in downstream saleable products.
I hope that after reading the article Hindustan Copper Share Price Target 2022, 2023, 2024, 2025, 2030 you must have got a good idea what kind of performance can be seen in the growth of the Company. If you still have any question related to this article in your mind, then do not forget to tell in the comment at all. Stay tuned to Market in India for important information about this type of stock in the stock market.
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