Shares of Hindustan Copper Limited (HCL) surged over 5% in early trading following a significant development in its mining operations. The company announced that the Rakha Mining Lease Deed has been officially executed with the District Commissioner (DC), Jamshedpur, on September 19, 2025.
This lease extension, valid for the next 20 years, marks a critical step toward reopening and expanding the Rakha Copper Mine. The mine is considered strategically important for boosting copper production in the region, aligning with HCL’s long-term growth plans.
Hindustan Copper shares showed significant volatility in today’s trading session, moving between a low of ₹282.00 and a high of ₹300.44. The stock opened at ₹283.24, slightly above the previous close of ₹282.86. Over the past 52 weeks, Hindustan Copper has traded in a range of ₹183.82 to ₹353.00.
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