Synopsis: Hindustan Copper, Hindalco Industries, and National Aluminium Company shares surged up to 6.31%, hitting record highs as soaring copper and aluminium prices, supply concerns, and global factors boosted metal sector sentiment.
The Indian metal industry witnessed strong buying interest as metal prices surged in global markets, lifting investor sentiment across the sector. Stocks of major metal companies moved sharply higher, reflecting optimism around demand for key metals like copper and aluminium amid supply concerns and geopolitical tensions.
Supporting this rally, the Nifty Metal index rose over 1 percent to hit a fresh 52-week high of 11,652.70 in early trade on January 6, 2026. While the index has delivered a positive return of 29.11 percent in 2025 and 3.07 percent in 2026 so far, its long-term performance remains strong, with a solid 227.89 percent return over the last five years, highlighting sustained growth potential in the sector.
- Copper prices at record high: Copper prices jumped to an all-time high of $13,253.50 per tonne on the LME due to fears of supply shortages and rising uncertainty in Venezuela, a key region for natural resources.
- Critical minerals theme: According to market experts, metals like copper are gaining importance as countries focus on securing critical minerals and strengthening supply chains in the changing global order.
- Impact of US Fed rate cut: The December US Federal Reserve rate cut supported metal prices by improving liquidity and encouraging investment in commodities.
- Supply-side concerns: Ongoing worries about tight global supply and the possibility of additional sector-specific tariffs have added to positive sentiment.
- Aluminium price rise: Aluminium prices also moved higher, driven by a tighter supply outlook and expectations of strong long-term demand across industries such as infrastructure and energy.
With a market capitalization of Rs. 54,636.86 crores, the share of Hindustan Copper Limited has reached an intraday high of Rs. 574.40 per equity share, rising nearly 3.94 percent from its previous day’s close price of Rs. 552.65.
Since then, the stock has retreated and is currently trading at Rs. 565.30 per equity share. In the year 2025, the stock has given a positive return of 109.03 percent. Hindustan Copper Limited has given a positive return of 736.05 percent in the last five years.
Hindustan Copper Limited is engaged in exploring, mining, beneficiating, smelting, refining, and marketing copper ore into cathodes, rods, wires, and by-products like gold, silver, and nickel. As India’s only vertically integrated copper producer, it operates mines and plants in Rajasthan, Madhya Pradesh, Jharkhand, and Maharashtra.
With a market capitalization of Rs. 2,12,565.16 crores, the share of Hindalco Industries Limited has reached an intraday high of Rs. 970.60 per equity share, rising nearly 4.19 percent from its previous day’s close price of Rs. 931.60.
Since then, the stock has retreated and is currently trading at Rs. 945.90 per equity share. In the year 2025, the stock has given a positive return of 47.18 percent. Hindalco Industries Limited has given a positive return of 252.63 percent in the last five years.
Hindalco Industries Limited engages in producing aluminium, alumina, primary aluminium ingots, billets, wire rods, flat-rolled products, extrusions, foils, and copper cathodes, rods, and continuous cast copper rods. It operates mines, refineries, smelters, and fabricates products for automotive, packaging, and construction globally via its Novelis subsidiary.
With a market capitalization of Rs. 63,620.93 crores, the share of National Aluminium Company Limited has reached an intraday high of Rs. 351.85 per equity share, rising nearly 6.31 percent from its previous day’s close price of Rs. 330.95.
Since then, the stock has retreated and is currently trading at Rs. 346.40 per equity share. In the year 2025, the stock has given a positive return of 48.86 percent. National Aluminium Company Limited has given a positive return of 623.30 percent in the last five years.
National Aluminium Company Limited (NALCO) is engaged in mining bauxite, refining alumina, smelting aluminium, and manufacturing alloys, rolled products, pre-baked anodes, and calcined petcoke. It operates an integrated complex in Odisha, captive power plants, and exports alumina/aluminium worldwide with overseas bauxite mines.
