Hindustan Copper Share Price Target 2024, 2025, 2027, 2030. Highest Share Price Target

If you think about which share will be best for investment in recent times then you should know about Hindustan Copper Share Price Target. Today in our blog we will explain the basic idea about Hindustan Copper Share Price Target 2024, 2025, 2027, 2030. We did the research and took advice from experts to make this blog about the company’s growth, performance, etc.

Hindustan Copper Share Price Target is a trading share in the share market. In this article, we will discuss about company’s financial growth, the business policy of the company, the shareholding pattern of the company, and the forecast share price yearly basis. We use expert data and analysis to give a clear knowledge about Hindustan Copper Share Price Target. This article may be helpful to those who want to invest in this share right now. Let’s look at Hindustan Copper Share Price Target 2024 to 2030.

What Is Hindustan Copper Ltd Company?

Hindustan Copper Ltd is an Indian copper producer company that is under the Ministry Of Mines, Government Of India. The company is mainly attached to the activities of refining, smelting, beneficiation, mining, and continuous cast rod manufacturing.

Overview Of Hindustan Copper Ltd Company

Hindustan Copper Ltd Company was established in 1967, on 9th November. The headquarters of the company is situated in Kolkata, India. In the year 1967 Hindustan Copper Ltd Company was established to take charge of the National Mineral Development Corporation of plants and mines at Khetri, Kolihan in Rajasthan and Rakha Copper Project In Jharkhand. The company has a production capacity of copper concentration, continuous cast copper rod, and by-products, such as anode slime (containing gold, silver, etc), sulphuric acid, and copper sulfate.

Hindustan Copper Ltd has manufacturing units in different countries in India. In 2012 the company announced that a new refinery brunch was under construction in Visakhapatnam with an annual capacity of 600,000 tones at a cost of ₹20 billion. The company is a Miniratna Category and mainly focuses on the production and selling of copper concentration as the company’s main product.

Financial Data Analysis Of Hindustan Copper Ltd Company

Before investing any share anyone wants to see the company’s performance, overall profit, and net sales amount. We need a basic idea about the company’s PE ratio, return on assets, current ratio, and return on equity. In the below portion, we discuss the performance of the company. Hindustan Copper Share Price Target also depended upon the ratio which is described below.

PE Ratio (Price To Earning Ratio)

PE Ratio is calculated by Market price per share Earning price per share. It means the number of times an investor is ready to pay as compared to earnings time. Hindustan Copper Ltd Company has a PE ratio of 109.12, which is overvalued.

Return on Assets (ROA)

ROA is calculated by Profit After tax ÷ Total Assets. ROA is influenced by 2 factors return on sales and asset turnover. Hindustan Copper Ltd Company has a ROA of 9.92%, which is a bad sign for the company’s growth.

Current Ratio

The current Ratio is calculated by Current Assets ÷ Current Liabilities. Hindustan Copper Ltd Company has a current ratio of 0.88.

Return On Equity (ROE)

ROE is measured by = Net profit ÷ Average Share holding equity. Hindustan Copper Ltd Company has a ROE of 15.01%, which should be high.

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Hindustan Copper Share Price Target 2024, 2025, 2027, 2030

Hindustan Copper Share Price Target is a bullish trend in the share market. Hindustan Copper Share is under the BSE (Bombay Stock Exchange) and NSE (National Stock Exchange). In the last 6 months, the share price growth was +74.00 (28.80%), the last 1-year share price growth was +210.85 (175.56%), and the last 5 Month’s share price growth was +292.95 (770.92%).

Hindustan Copper Ltd Company is a copper manufacturer company that will grow more with the company’s future growth Hindustan Copper Share Price Target also increased. Hindustan Copper Share Price Target always runs to profit growth. If anyone wants to invest in the share it will be beneficial on a long-term basis. Let’s have a look at the Hindustan Copper Share Price Target from 2024 to 2030.

Hindustan Copper Share Price Target 2024

Hindustan Copper Ltd Company manufactures Copper Cathode lengths of 965mm, sulphuric acid with a purity of +97% which is used for the manufacture of fertilizer, concentrated copper which is the chemical composition, and many other chemical compositions like Alumina, Nickel, Cobalt, gold, silver, Selenium, Lead, etc. For continuous Cast Rod manufacturing at its Taloja Plant Hindustan Copper Ltd Company certified with ISO 9002 as the first copper production company in India.

Net sales amount was 27% of Hindustan Copper Ltd Company for the last 3 years which was increased from 0.09% compared to the last 5 years. The sales amount was ₹1,723.12 Crore in March 2021 which became ₹1825.23 Crore in March 2022 but at the end of March 2023 the amount was siledly down compared to 2022, the amount became ₹1689.23 Crore. If we look at the share price for Hindustan Copper Share Price Target 2024, the 1st Price Target is ₹354 and the 2nd Price Target is ₹475.

Hindustan Copper Share Price Target 2025

Hindustan Copper Ltd company mainly focuses on copper production and the projects are Khetri Copper Complex which has the capability of producing 31000 tpa Copper cathode, Indian Copper Complex situated in Jharkhand which has a capacity of 16,545 tpa Copper Cathode by the products of gold, silver, sulfate, etc, Malanjkhand Copper Project situated in Madhya Pradesh which has the capacity of producing cast mine of 2 million tonnes, Taloja Copper Project situated in Maharashtra which has the capacity of 60,000 tpa cast copper rod.

The selling purpose of Copper Concentrate as the main product of Hindustan Copper Ltd Company earned a net profit (PAT) of ₹294.25 Crore against a sales turnover of ₹1652.23 Crore which is a positive sign for the company’s growth. The total comprehensive income amount for the year 2022-23 was ₹287.12 Crore. The net profit growth of the company earned 37% in the last 3 years which is a positive sign for the company’s growth. If we look at the share price forecast of Hindustan Copper Share Price Target 2025, the 1st Share Price Target is ₹520 and the 2nd Share Price Target is ₹695.

Hindustan Copper Share Price Target 2027

Hindustan Copper Ltd Company also declared to increase the company’s mining capacity from 5.2 million tons per annum to 13.2 million tons per annum in Phase-1 and Phase-2 divisions from 13.2 million tons per annum to 20.2 million tons per annum. In the year 2006, the company decided the production capacity of copper for the company and ore mining capacity was maximized to the capital of ₹1600 Crore to 2000 Crore.

The return amount from Hindustan Copper Share Price Target was 5.85% in the last month, the last 3 month’s share return was 45.56%, the last 1 year’s return amount was 175.75%, the last 3 year’s amount was 102.82%, the last 5 year’s share return was ₹460.23%. The price-to-cash flow ratio of the company is 39.12% which is a positive part of the company. If we look at the share price forecast of Hindustan Copper Share Price Target the 1st Price Target is ₹930 and the 2nd Price Target is ₹1110.

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Hindustan Copper Share Price Target 2030

In the year 2007, Hindustan Copper Ltd Company decided to implement green fields for Copper and other mineral categories including gold. In the year 2016, Hindustan Copper Ltd tied up a Joint venture agreement with Chhattisgarh Enterprises for exploration and mining of copper. In the year 2011, the company paid ₹45.23 Crore to the Union Ministry of Mines as the final dividend. Among the mines factory of the company as the largest Mines Factory Khetri and Kolihan produces 9600 mt metal concentrate/per annum.

Hindustan Copper Ltd Company is a very old company and one of the largest copper producer companies in India reason the company has a good promoter holding capacity which is 67.15% which means many good investors want to invest in the share and it is a good part of the company’s growth. 71.5% equity is held by the government in the company. If we look at the company’s overall growth which is 49% in the last 3 years. The Profit amount before tax for the year 2022, March was ₹383.23 Crore which became ₹396.23 Crore in the year 2023, March.

All share price forecasts depend upon the company’s annual performance, favorable market conditions, product value in the market, etc. As the copper producer the company will grow more in the future and the Hindustan Share Price Target also grow more in the future. If we look at the share price forecast, Hindustan Copper Share Price Target 2030, the 1st Price Target is ₹1820 and the 2nd Price Target is ₹2030.

How To Purchase Hindustan Copper Share?

The most common trading platform for purchasing the Hindustan Copper Share is described below.

• Zerodha
• Upstox
• Groww
• Angelone

Peer’s Company of Hindustan Copper Ltd

• Hindalco Industries Ltd
• National Aluminium Company
• Gravita India Ltd
• Arcotech
• Bharat Wire Rop

Investors Types And Ratio Of Hindustan Copper Ltd Company

There are mainly four Types of Investors in Hindustan Copper Ltd Company. The company’s growth also depended upon the ratio of investors who invested in the share.

Promoters Holding

Promoters Holding means how much capital is invested by company promoters (owner of the company) through overall capital. Hindustan Copper Ltd Company’s promoter holding capacity is 67.15%.

Public Holding

Public Investors an individuals who invest in the public market for profit in the future (large and small companies). For Hindustan Copper Ltd Company’s public Holding capacity is 18.00%.

FII (Foreign Institutional Investors)

Foreign Institutional Investors are those big companies that invest in different countries company. For Hindustan Copper Ltd Company’s FII is 3.25%.

DII (Domestic Institutional Investors)

Domestic Institutional Investors (like Insurance, companies mutual funds) who invest in their own country. For Hindustan Copper Ltd Company’s DII is 11.60%.

Advantages and Disadvantages Of Hindustan Copper Share

Every share has some advantages and some disadvantages also. So, the Hindustan Copper Share Price Target also has some advantages and disadvantages which are described below.

Advantages

• The last 3 years’s Profit Growth of the company is high which is 37% and it is a positive sign for the company’s growth.
• The revenue growth of the company is high which is 27.01% for the last 3 years.
• The book value amount per share also increased in the last 2 years.
• The company is increasing with zero promoter pledges.
• The Company has a small amount of debt and the interest coverage ratio of the company is good which is 24.12%.

Disadvantages

• The annual net profit is a decline in the last quarter of the financial year 2023.
• The cash flow cycle of the company is not sufficient which means the company is not able to invest money in production purposes.

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FAQ

Conclusion

Hopefully, www.sharetargethub.com will help you gain basic ideas about the Hindustan Copper Share Price Target. By doing the research and taking advice from expertise we ensure that on a long-term basis, Hindustan Copper Share Price Target may reach a very high position. Hindustan Copper Ltd Company is related to producing copper and many other metals. So the demand for this sector also increases which helps the share to gain profit in the future.

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