239% Rise in 1 Year: Stock of this multibagger PSU mining giant slips despite its EBIDTA, margin increase in Q4 results

Hindustan Copper Share Price: Hindustan Copper slipped by over 2.45 per cent on BSE on Monday (May 27, 2024) despite the mining PSU reporting good fourth-quarter results a day ago.

After closing at Rs 371.40 in the previous session, the stock of Hindustan Copper slipped by 2.45 per cent to Monday's low of Rs 362.30. 

The multibagger stock of Hindustan Copper closed trading lower by 0.69 per cent, or Rs 2.55, at Rs 368.85 on Monday.

The stock's day's high is Rs 379.65.

Hindustan Copper Q4FY24 standalone YoY results

The company's revenue from operations was up by one per cent to Rs 565 crore in the quarter under review from Rs 560 crore Year-on-Year (YoY). 

Its profit after tax (PAT), however, slipped by 11 per cent to Rs 124 crore in the fourth quarter from Rs 139 crore in the same quarter last fiscal.

Its EBIDTA soared by 21 per cent to Rs 226 crore in Q4 compared to Rs 187 crore in the same quarter last year. 

Its margin was up by 40 per cent in Q4 against 33.33 per cent in the corresponding period last year.

The company's other income in the fourth quarter was Rs 20 crore from Rs 52 crore YoY.

Hindustan Copper share performance

The Hindustan Copper stock has jumped by 1.5 per cent in the one week, while its rise in the six weeks has been 129 per cent.

Its rise in the one year has been 243 per cent. 

The stock's 52-week high is Rs 416, while its 52-week low is Rs 106.