LIC books profit in Hindustan Copper, shed 2% in four months as stock surges 76% in 2025

State-insurer Life Insurance Corporation of India (LIC) reduced its stake in Hindustan Copper by 2% to 4.07% in the company. The equity was sold in the open market between August 16 and December 23, the metal major told the exchanges.

LIC, the country’s largest life insurer, held a 6.086% stake representing 5.9 crore equity shares in Hindustan Copper prior to the sale period. NSE shareholding data shows that LIC holds 4.67% in the company as on September 30, 2025.

The sell-off comes as Hindustan Copper shares have rallied 76% so far in 2025. It has been one of the most consistent metal stocks with a 3-year return of 337% while returning 620% over the last five years.

Multibagger stocks have consistently outperformed the sector. Nifty Metal’s five-year and three-year returns are 242% and 72% respectively. The last one year return of the index is 22%.

With Wednesday’s RSI and MFI hovering around 78 and 87 respectively, the year-long rally has pulled the stock firmly into the overbought zone. A number above 70 is considered overbought.

The company’s earnings have supported the rally in the share price. Hindustan Copper reported a nearly 85% rise in consolidated net profit for the quarter ended September 2025, driven by an increase in revenue from Rs. 186.02 crores. In the July-September period of FY 25, it spent Rs. 101.67 crore in net profit, the state-owned company said in an exchange filing.

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During this period, the company saw its revenue in the second quarter of a year ago from Rs. 550.05 crore to Rs. 728.95 crores.

Expenditure Rs. 480.32 crore as compared to Rs. 414.73 crores.

Under the Ministry of Mines, Hindustan Copper explores, mines and beneficiates copper ore to produce and sell copper concentrate.

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