LIC Books Profit in Hindustan Copper, Trims Stake by ~2% in 4 Months as Stock Surges 76% in 2025

LIC has reduced its holding in

by about 2 percentage points through open-market sales between August and December, taking its stake down to roughly 4.07% from 6.09%, according to exchange disclosures. The profit-booking comes after Hindustan Copper shares rallied about 76% in 2025, prompting heightened investor focus on institutional selling in the PSU metals counter. The stake change was disclosed under SEBI’s substantial shareholding reporting norms, indicating the reduction was large enough to trigger mandatory reporting thresholds. While LIC’s trimming can create a near-term supply overhang, the market reaction suggests investors are treating it as routine profit-booking after a sharp run-up rather than a fundamental red flag on the company. Source: The Economic Times No Recommendations