Hindustan Copper Share Price Falls on Feb 16 Amid Rs. 929 Crore Demand Notice; Stock Down 2.65%

Hindustan Copper share price remained under pressure on February 16, with the stock trading at Rs. 576.0 per share, down 2.65% or Rs. 15.65 per share from the previous close of Rs. 591.65. The Hindustan Copper Ltd stock opened at Rs. 585.0 and moved within an intraday range of Rs. 568.3 to Rs. 585.0, while trading volumes stood near 9.5 million shares.

Jharkhand Demand Notice on Hindustan Copper Shares

The decline in Hindustan Copper shares today came after a major regulatory development after the Jharkhand government issued a demand notice exceeding Rs. 929 crore. The notice, served by the District Mining Office, Jamshedpur, alleges that production from the Surda mine occurred without valid statutory clearances or beyond permissible limits between 2000-01 and 2016-17.

Broader Metals Weakness Adds to Pressure

The negative trigger also comes amid broader softness in global metals sentiment. Recent declines in gold and silver prices, because of a stronger US dollar and firm US employment data, have pressured commodity-linked equities. Since metal stocks are highly sensitive to macroeconomic signals which intensified selling in Hindustan Copper stock during the latest session.

Hindustan Copper Share Performance

In just one year, Hindustan Copper share price has shown sharp volatility, moving within a wide band of Rs. 183.82 to Rs. 760.05 rising by 167%. At current levels, the stock is trading near 19.2 times book value, due to both strong growth expectations and elevated valuation sensitivity to regulatory or commodity-price shocks.

Strong Financial Performance in FY26

Operationally, Hindustan Copper financial results remain robust. For the quarter ended December 31, 2025, the company reported a total income of Rs. 705.31 crore, up 105.3% YoY. The EBITDA came in at Rs. 262.50 crore, up 112.7% YoY. Net profit margin stood at 22.2%, rising from 18.3% a year earlier. Revenue was at Rs. 1,921.84 crore up 43.4% YoY and the Net profit stood at Rs. 476.61 crore up 71.4% YoY. EBITDA margin jumped above 40%, highlighting strong operating leverage.