Hindustan Copper: The Government of India will sell a 3 per cent stake in the copper miner through an offer-for-sale (OFS), with an option to sell an additional 3 per cent through the green-shoe option in case of oversubscription. The OFS will have a floor price of Rs 514 per share, representing a 9.5 per cent discount to Hindustan Copper’s Monday closing price of Rs 567.90. The floor price offers a significant safety margin for short-term traders and long-term investors looking to accumulate quality PSU mining stocks. Expect short-term price volatility as the market absorbs the supply of new shares. Strategic Outlook: Hindustan Copper remains a critical player in India's domestic copper production, aligned with growing EV and clean energy infrastructure demand.

HINDCOPPER

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