Hindustan Copper shares jumped on January 5, tracking a nearly 3% rise in LME copper prices. The stock has gained 10% over three sessions. Experts say copper fundamentals remain strong, driven by AI, data centres and green energy demand, while supply risks from mine disruptions and labour unrest support prices.
Concerns settled, share buybacks could flow via exchanges again
Sebi is proposing to bring back share buybacks via stock exchanges. This reverses a decision made a year ago. New tax rules have resolved earlier