Stock in Focus: Government company Hindustan Copper Ltd has been declared the preferred bidder for the Baghwari-Khirkhori copper and associated mineral block in Madhya Pradesh. This block is considered important for copper mining in the state.
How did you get this project?
Hindustan Copper had bid for this block under the Notice Inviting Tender (NIT) issued on 31 October 2025. This tender was issued by the Directorate of Geology and Mining of Madhya Pradesh Government for granting mining lease and composite license.
Highest bid in e-auction
According to Hindustan Copper, the forward e-auction process of the composite license for the Baghwari-Khirkhori block was completed on January 22, 2026. After the e-auction, the company emerged as the highest final bidder. After this he was declared the preferred bidder for this block.
Underground mining started in Jharkhand also
Earlier, Hindustan Copper had also announced that it has started underground mining operations at Kendadih Copper Mine located in Ghatshila area of Jharkhand. This is considered an important step for the company at the operational level.
Status of Hindustan Copper shares
Shares of Hindustan Copper closed at Rs 535.55 on BSE on Friday, January 24. This is an increase of 0.71% compared to the previous closing price. The stock has given a return of 108.11% in the last 6 months. At the same time, it has increased by 133% in one year.
In the last week of December 2025, there was a sharp rise in the shares of Hindustan Copper. During that time, the stock recorded its best weekly performance since February 2021, when shares rose nearly 73% in a single week.
Why is Hindustan Copper important?
Hindustan Copper is India’s only vertically integrated copper mining company. The company itself handles the entire value chain from mining to beneficiation, smelting and refining.
The company is expected to directly benefit from the increasing demand for copper from the power, electric vehicle and infrastructure sectors.
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