Hindustan Copper’s stock rally is driven by more than just higher copper prices, says Anand Rathi Institutional’s Parthiv Jhonsa. Lease extensions, rising concentrate volumes and a global supply crunch support long-term growth. Copper prices are likely to stay elevated, while capacity expansion and strong cash flows could fuel earnings growth over the next five years.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets