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Copper mining (PSU) Historical case study · data as of 13 Jul 2026 · published 16 Oct 2026 (95 days later)

Hindustan Copper — 100-point case study

How Hindustan Copper looked on 50 technical and 50 fundamental measures on 13 Jul 2026 — and what happened over the next three months. Education only; not a current view.

CodesNSE: HINDCOPPER · BSE: 513599
Close on 13 Jul 2026₹497.95
Market cap then₹48,153 crore
ValuationP/E 52.4× · P/B 14.41×
MomentumRSI (14) 45 · 1-year return +89.6%
Next 3 months-9.0% vs Nifty 50 -5.0% (to 15 Oct 2026)

Scorecard

Technical — 50 points

10 bullish · 20 neutral · 1 caution · 18 bearish — the picture leaned negative.

Fundamental — 50 points

11 bullish · 33 neutral · 5 caution · 0 bearish — the picture leaned positive.

Price chart

195344493643792Oct 25Jan 26Apr 26Jul 26Oct 26R2 532R1 512S1 498S2 485Snapshot 13 JulWhat happened next →
Close (to snapshot) Close (after) 50-day avg 200-day avg Support Resistance
Data note: Screener could not be used for this stock, so fundamentals are compiled from MarketsMojo (quarterly and annual P&L), Fyers (balance sheet and cash flow), Upstox (shareholding) and Dhan (market cap). Only seven quarters were available, and some ratios are computed from reported figures.

Technical analysis — 50 points

Calculated by code from daily prices up to 13 Jul 2026. Standard formulas (RSI, MACD, ADX use Wilder smoothing).

How to read the tags. Each of the 50 points gets one tag. Bullish the reading was favourable. Bearish the reading was unfavourable. Neutral the reading was in a normal range, or gave no clear message. Caution a warning sign or an unusual reading that deserves a closer look. Point 50 counts the other 49 tags. The chart is called positive when bullish tags beat bearish ones by 5 or more, negative when bearish tags beat bullish ones by 5 or more, and mixed otherwise. Under each point you will see what reading earns which tag. Tags describe the data on the snapshot date. They are not signals to buy or sell. Full guide to all 100 points →

A. Trend

#PointReadingTagCommentary
1Short-term trend (20 days)slope -0.25%/dayBearishOver the last 20 sessions the regression line of closing prices was falling about 0.25% a day — a short-term downtrend.
Bullish slope above +0.10% a day (short-term uptrend) · Bearish slope below –0.10% a day (short-term downtrend) · Neutral between the two: a flat, sideways phase.
2Medium-term trend (~5 months)3M return -4.7%BearishThe 100-session trend line was down (-0.08%/day) and the stock was -4.7% over three months, so the medium-term picture was bearish.
Bullish slope above +0.05% a day · Bearish slope below –0.05% a day · Neutral in between.
3Long-term trend (1 year)1Y return +89.6%BullishCompared with a year earlier the price was +89.6%. A strong positive year.
Bullish up more than 10% in a year · Bearish down more than 10% in a year · Neutral between –10% and +10%.
4Weekly chart trend10W 518.94 / 30W 536.53BearishOn the weekly chart the stock showed a weekly close below the 10-week average, which sat below the 30-week.
Bullish weekly close above the 10-week average, which is above the 30-week · Bearish weekly close below the 10-week average, which is below the 30-week · Neutral when they are tangled.
5Swing structure (highs/lows)last highs 532.20→512.00; lows 497.50→485.15BearishThe two most recent swing points showed lower swing highs and lower swing lows — classic downtrend structure.
Bullish higher highs and higher lows (uptrend structure) · Bearish lower highs and lower lows (downtrend structure) · Neutral when one is higher and the other lower.
6ADX (14) — trend strength24.8BearishADX at 24.8 shows a trend of moderate strength. ADX measures strength only, not direction.
Bullish ADX 20 or more with +DI above –DI (a real trend, pointing up) · Bearish ADX 20 or more with –DI above +DI (a real trend, pointing down) · Neutral below 20: no clear trend. 20–30 is a moderate trend, above 30 a strong one.
7+DI vs –DI+DI 21.8 / –DI 24.9Bearish–DI was above +DI: sellers had the upper hand in directional movement.
Bullish +DI above –DI · Bearish –DI above +DI · No neutral zone for this point.

B. Moving averages

#PointReadingTagCommentary
8Price vs 20-day SMA500.55 (-0.5%)BearishClose of 497.95 was 0.5% below the 20-day SMA — the short-term trend filter was negative.
Bullish close above the average · Bearish close below the average · No neutral zone.
9Price vs 50-day SMA529.13 (-5.9%)BearishClose of 497.95 was 5.9% below the 50-day SMA — the medium-term trend filter was negative.
Bullish close above the average · Bearish close below the average · No neutral zone.
10Price vs 200-day SMA473.31 (+5.2%)BullishClose of 497.95 was 5.2% above the 200-day SMA — the long-term trend filter was positive.
Bullish close above the average · Bearish close below the average · No neutral zone.
119 / 21 EMA crossover9E 495.49 / 21E 502.72BearishThe 9-day EMA was below the 21-day EMA; the last crossover happened on 29 May 2026.
Bullish 9-day above 21-day · Bearish 9-day below 21-day · No neutral zone.
12Golden / death cross (50 vs 200)no cross in data windowBullishThe 50-day average was 11.8% above the 200-day. No 50/200 crossover occurred in the data window.
Bullish 50-day above 200-day (after a “golden cross”) · Bearish 50-day below 200-day (after a “death cross”) · No neutral zone.
1350-day SMA slope-2.4% in 20 sessionsBearishThe 50-day average fell 2.4% over the past month — declining.
Bullish rose more than 0.5% · Bearish fell more than 0.5% · Neutral in between: flattening.
14MA ribbon alignment501 / 529 / 532 / 473NeutralThe 20/50/100/200-day averages were tangled — no clean order, typical of a transition or range.
Bullish neatly stacked 20 > 50 > 100 > 200 · Bearish neatly stacked 20 < 50 < 100 < 200 · Neutral when tangled (a transition or range).
15Monthly anchored VWAP497.26 (+0.1%)BullishAnchored to the start of July, the volume-weighted average price was 497.26; the close was above it — buyers that month were on average in profit.
Bullish close above VWAP (that month’s buyers on average in profit) · Bearish close below VWAP · No neutral zone.

C. Momentum

#PointReadingTagCommentary
16RSI (14)44.6BearishRSI at 44.6 reflected soft, below-average momentum.
Bullish RSI 55–70 (positive momentum, not stretched) · Bearish RSI 30–45 (soft momentum) · Neutral 45–55. Caution at 70 or above (overbought) or 30 or below (oversold).
17RSI divergence (last 40 days)bullish divergenceBullishComparing the last 20 sessions with the 20 before: bullish divergence: price made a lower low but RSI made a higher low — selling momentum was fading.
Bullish bullish divergence: price made a lower low but RSI a higher low · Caution for a bearish divergence (price higher high, RSI lower high). Neutral when RSI moved in line with price.
18MACD line vs signalMACD -9.27 / signal -10.70BullishMACD was above its signal line — momentum turning or staying positive.
Bullish MACD above signal · Bearish MACD below signal · No neutral zone.
19MACD histogram (5-day change)0.57 → 1.43BullishThe histogram rose over the last five sessions, meaning momentum was improving.
Bullish histogram rising (momentum improving) · Bearish histogram falling (momentum weakening) · No neutral zone.
20MACD vs zero line-9.27BearishMACD below zero means the 12-day EMA was below the 26-day EMA — a negative momentum regime.
Bullish MACD above zero · Bearish MACD below zero · No neutral zone.
21Stochastic (14,3,3)%K 36.4 / %D 25.1BullishSlow stochastic at 36.4 was mid-range with %K above %D.
Bullish between 20 and 80 with %K above %D · Bearish between 20 and 80 with %K below %D · Caution above 80 (overbought) or below 20 (oversold).
22Williams %R (14)-49.1Neutral%R of -49.1 put the close in the middle of its 14-day range.
How to read: Caution above –20 (near the top) or below –80 (near the bottom). Neutral in the middle. This point is never tagged Bullish or Bearish.
23CCI (20)-49NeutralCCI at -49 was within the normal ±100 band.
Bullish above +100 (unusually strong upward move) · Bearish below –100 (unusually strong downward move) · Neutral within ±100.
24Rate of change (10-day)+0.4%NeutralPrice changed +0.4% over ten sessions.
Bullish up more than 2% · Bearish down more than 2% · Neutral between –2% and +2%.

D. Volatility

#PointReadingTagCommentary
25Bollinger Band position (%B)%B 0.43 (bands 482.38–518.71)Neutral%B of 0.43 — inside the bands, lower half.
How to read: Caution above 1 or below 0 (outside the bands — an overextended move). Neutral inside the bands.
26Bollinger width / squeezewidth 7.3% (2nd pct of 6M)CautionBand width was at the 2nd percentile of the last six months. A squeeze like this often precedes a larger move (direction unknown).
How to read: Caution when the width is in the lowest 15% of six months (a “squeeze” that often comes before a bigger move, direction unknown). Neutral otherwise.
27ATR (14)₹14.44 (2.9% of price)NeutralA typical day's range was about ₹14.44, or 2.9% of the price — useful for judging how much 'normal noise' to expect.
How to read: Information only. A higher % means bigger normal daily swings.
28Historical volatility (30-day)25.3% vs 1Y 53.9%NeutralAnnualised 30-day volatility was 25.3%, below the one-year level of 53.9%.
How to read: Caution when 30-day volatility is more than 1.25× the one-year level. Neutral otherwise.
29Keltner Channel (20, 2×ATR)474.50–529.54NeutralThe close was inside the channel, so no volatility breakout.
Bullish close above the upper channel (strong upward push) · Bearish close below the lower channel · Neutral inside the channel.
30Beta vs Nifty 50 (1Y daily)1.62NeutralA beta of 1.62 means the stock tended to move more than the Nifty 50 day to day.
How to read: Information only. Above 1.1 moves more than the market, below 0.9 less, around 1 in line.

E. Volume & money flow

#PointReadingTagCommentary
31Volume vs 20-day averagelast day 0.44× / 5-day 0.88×NeutralThe final session traded 0.44× its 20-day average volume and the last five sessions averaged 0.88× — normal participation.
How to read: Information only. Above 1.2× is heavier than usual participation, below 0.8× lighter.
32Up-day vs down-day volume (20d)ratio 1.63BullishAverage volume on up days was 1.63× that on down days — accumulation-leaning.
Bullish ratio above 1.15 (accumulation-leaning) · Bearish ratio below 0.85 (distribution-leaning) · Neutral between 0.85 and 1.15.
33On-Balance Volume (20d)OBV risingBullishOBV rose over the month while price fell — volume diverged from price.
Bullish OBV rising · Bearish OBV falling · No neutral zone.
34Accumulation/Distribution linefalling (20d)BearishThe A/D line fell, meaning closes tended to be in the lower part of daily ranges on meaningful volume.
Bullish A/D line rising · Bearish A/D line falling · No neutral zone.
35Chaikin Money Flow (20)-0.18BearishCMF at -0.18 indicated net outflows.
Bullish above +0.05 (net inflows) · Bearish below –0.05 (net outflows) · Neutral between –0.05 and +0.05.
36Money Flow Index (14)43.0BearishMFI, a volume-weighted RSI, was 43.0.
Bullish MFI 55–80 · Bearish MFI 20–45 · Neutral 45–55. Caution above 80 (overbought) or below 20 (oversold).
37Liquidity (avg daily turnover)₹177 cr/dayNeutralAbout ₹177 crore changed hands per day on average over 20 sessions — liquid.
How to read: Information only. Above ₹500 crore a day is highly liquid, above ₹50 crore liquid, below that moderately liquid.

F. Price levels

#PointReadingTagCommentary
38Support levels (S1/S2/S3)497.50 / 485.15 / 461.80NeutralNearest support (prior swing lows) sat at 497.50, 0.1% below the close, then 485.15, 461.80.
How to read: Information only. Levels to watch, not good or bad.
39Resistance levels (R1/R2/R3)512.00 / 532.20 / 545.95NeutralNearest resistance (prior swing highs) sat at 512.00, 2.8% above the close, then 532.20, 545.95.
How to read: Information only.
40Monthly pivot points (for next month)P 497.78 | R1 512.17 | S1 483.57NeutralClassic pivots from July's high/low/close gave a pivot of 497.78; the close was above it.
How to read: Information only.
41Fibonacci retracement (6M swing)23.6% 520 | 38.2% 566 | 50.0% 603 | 61.8% 640NeutralMeasuring the 6-month fall from 760.05 to 445.70, the close was nearest the 23.6% retracement at 519.89.
How to read: Information only.
4252-week high / lowH 760.05 / L 226.70NeutralThe close was 34.5% below the 52-week high and 119.7% above the 52-week low.
Bullish within 5% of the 52-week high · Bearish within 5% of the 52-week low · Neutral in between.
43Unfilled price gaps (6M)4 open; latest gap-up 10 Jul at 489.75NeutralThere were 4 unfilled gap(s). The latest, a gap-up on 10 Jul 2026, left an open level at 489.75 that price had not revisited.
How to read: Information only.

G. Patterns

#PointReadingTagCommentary
44Price structure / chart patternfalling channelBearishRule-based pattern scan: falling channel — successive lower highs and lows. (Classical patterns like head-and-shoulders are judgement calls; we report only what the rules detect.)
Bullish rising channel (both trends up) · Bearish falling channel (both trends down) · Neutral for tight consolidation, a bounce in a downtrend, a pullback in an uptrend, or a sideways range.
45Breakout / breakdown (20-day)range 483.40–532.20NeutralThe close was inside the prior 20-day range of 483.40–532.20.
Bullish close above the 20-day high (breakout) · Bearish close below the 20-day low (breakdown) · Neutral inside the range.
46Latest candlestickOrdinary green candleNeutralOn 13 Jul the candle opened 491.00, ranged 490.00–500.00 and closed 497.95: Ordinary green candle. Single candles are weak signals on their own.
Bullish hammer, bullish engulfing or bullish marubozu · Bearish shooting star, bearish engulfing or bearish marubozu · Neutral for a doji, inside bar or ordinary candle. Single candles are weak signals.
47Ichimoku Cloudcloud 531.90–559.74; Tenkan 497.70 / Kijun 512.25BearishPrice was below the cloud and the Tenkan line was below the Kijun line — a bearish Ichimoku setup.
Bullish close above the cloud · Bearish close below the cloud · Neutral inside the cloud.

H. Relative strength & summary

#PointReadingTagCommentary
48Relative strength vs Nifty 501M -4.8% / 3M -6.5%BearishThe stock underperformed the Nifty 50 by 6.5 points over three months and underperformed by 4.8 points over one month.
Bullish ahead of the Nifty 50 by more than 2 points · Bearish behind by more than 2 points · Neutral within ±2 points.
49Relative strength vs Nifty 50 (6M)6M -0.1%NeutralNo sector index in today's data set, so we show the 6-month comparison instead: 0.1 points behind the Nifty 50.
Bullish ahead by more than 2 points · Bearish behind by more than 2 points · Neutral within ±2 points.
50Technical summary10 bullish · 18 bearish · 20 neutral · 1 cautionBearishAcross the 49 readings the technical picture leaned negative. Levels that mattered: support 497.50, resistance 512.00. This is a description of the chart on 13 Jul 2026, not a forecast. How to read the score: the strongest possible reading is 49 bullish · 0 bearish, and the weakest is 0 bullish · 49 bearish. Most companies land in between. The chart is called positive when bullish tags beat bearish ones by 5 or more, negative when bearish tags beat bullish ones by 5 or more, and mixed otherwise. Even a 49–0 score describes the past and is not a reason to buy, and a 0–49 score is not a reason to sell.
Bullish bullish tags beat bearish ones by 5 or more (“positive”) · Bearish bearish tags beat bullish ones by 5 or more (“negative”) · Neutral (“mixed”) otherwise. Strongest possible: 49 bullish · 0 bearish.

Fundamental analysis — 50 points

Uses only results published by 13 Jul 2026: FY26 annual (Apr 2025–Mar 2026), the Jan–Mar 2026 quarter and the Mar 2026 shareholding. ₹ crore, consolidated unless stated. Valuation uses the 13 Jul 2026 close.

How to read the tags. Each of the 50 points gets one tag. Bullish the reading was favourable. Bearish the reading was unfavourable. Neutral the reading was in a normal range, or gave no clear message. Caution a warning sign or an unusual reading that deserves a closer look. Point 50 counts the other 49 tags. The numbers are called positive when bullish tags beat bearish ones by 4 or more and are at least 1.5 times as many, negative the other way round, and mixed otherwise. Under each point you will see what reading earns which tag. Tags describe the data on the snapshot date. They are not signals to buy or sell. Full guide to all 100 points →

A. Valuation

#PointReadingTagCommentary
1P/E (trailing 12 months)52.4×NeutralAt ₹497.95 the market valued the company at about ₹48,153 crore, or 52.4× the ₹919 crore profit of the four quarters to Mar 2026. That is a premium multiple — the market expected growth.
How to read: Information only. Below 15 is a low multiple, 15–30 moderate, above 30 a premium (the market expects growth). Compare with peers and the company’s own history.
2Price / Book14.41×NeutralMarket cap was 14.41× the Mar 2026 book value (equity + reserves) of ₹3,342 crore.
How to read: Information only. Main yardstick for banks; asset-light businesses usually trade at high P/B.
3Price / Sales15.64×NeutralThe company was valued at 15.64× its trailing-12-month sales of ₹3,078 crore.
How to read: Information only.
4EV / EBITDA (approx.)33.0×NeutralEnterprise value (market cap + ₹110 cr borrowings; cash not netted) was 33.0× trailing operating profit of ₹1,462 crore.
How to read: Information only. Lower means cheaper relative to operating profit.
5Earnings yield1.9%NeutralThe inverse of P/E: each ₹100 invested bought about ₹1.9 of annual earnings. Investors often compare this with the ~6–7% yield on 10-year government bonds.
How to read: Information only. Often compared with the ~6–7% yield on 10-year government bonds.
6PEG (P/E ÷ 3-yr profit CAGR)1.14NeutralP/E of 52.4 divided by 3-year profit growth of 45.9% a year gives a PEG of 1.14. Below 1 is often read as growth being cheaply priced; above 2 as expensive. Note: the Dec 2025 quarter carried unusual other income of ₹-78 crore — a one-off that distorts year-on-year profit comparisons. Note: revenue jumped more than 40% in Mar 2026, which usually signals a merger or acquisition — multi-year growth rates are inflated by it.
Bullish below 1 (growth cheaply priced) · Bearish above 2 (growth expensively priced) · Neutral 1–2, or when profit did not grow (not meaningful).
7Dividend yield (trailing 12M)0.49%NeutralDividends with ex-dates in the 12 months to the snapshot totalled ₹2.46 a share, a 0.49% yield on the ₹497.95 price.
Bullish above 3% · Neutral at 3% or less. Never tagged Bearish.
8Market capitalisation₹48,153 crNeutralAt about ₹0.48 lakh crore the company was a mid-cap.
How to read: Information only. Above ₹1 lakh crore large-cap, ₹30,000 crore–₹1 lakh crore mid-cap, below that small-cap (our rule of thumb).
9Graham number vs price₹85.94 vs ₹497.95NeutralBenjamin Graham's conservative fair-value yardstick √(22.5 × EPS × book value per share) came to ₹85.94; the price was 479% above it. Quality franchises usually trade above this number.
Bullish price below the Graham number · Neutral when the price is above it (most quality companies are).

B. Growth

#PointReadingTagCommentary
10Revenue growth FY26 (YoY)+48.6%BullishRevenue for FY26 was ₹3,078 crore, +48.6% versus FY25.
Bullish above 10% · Bearish below 0% (revenue fell) · Neutral 0–10%.
11Q4 FY26 revenue growth (YoY)+58.1%BullishThe Jan–Mar 2026 quarter brought ₹1,156 crore of revenue, +58.1% on the same quarter a year earlier.
Bullish above 10% · Bearish below 0% · Neutral 0–10%.
12Net profit growth FY26 (YoY)+97.5%CautionFY26 net profit was ₹919 crore, +97.5% on FY25's ₹465 crore. Note: the Dec 2025 quarter carried unusual other income of ₹-78 crore — a one-off that distorts year-on-year profit comparisons.
Bullish above 10% · Bearish below 0% · Neutral 0–10%. Caution if a one-off item distorted the figure.
13Q4 FY26 profit growth (YoY)+137.3%CautionQuarterly profit was ₹444 crore versus ₹187 crore a year earlier (+137.3%). Note: the Dec 2025 quarter carried unusual other income of ₹-78 crore — a one-off that distorts year-on-year profit comparisons.
Bullish above 10% · Bearish below 0% · Neutral 0–10%.
14Revenue CAGR (3 years)22.4%CautionRevenue compounded at 22.4% a year from FY23 to FY26. Note: revenue jumped more than 40% in Mar 2026, which usually signals a merger or acquisition — multi-year growth rates are inflated by it.
Bullish above 12% a year · Bearish below 5% a year · Neutral 5–12%. Caution if an acquisition inflated it.
15Profit CAGR (3 years)45.9%CautionNet profit compounded at 45.9% a year from FY23 to FY26. Note: the Dec 2025 quarter carried unusual other income of ₹-78 crore — a one-off that distorts year-on-year profit comparisons. Note: revenue jumped more than 40% in Mar 2026, which usually signals a merger or acquisition — multi-year growth rates are inflated by it.
Bullish above 12% a year · Bearish below 5% a year · Neutral 5–12%.
16Revenue CAGR (5 years)11.5%NeutralOver five years (FY21–FY26) revenue compounded at 11.5% a year. Note: revenue jumped more than 40% in Mar 2026, which usually signals a merger or acquisition — multi-year growth rates are inflated by it.
Bullish above 12% a year · Bearish below 5% a year · Neutral 5–12%.
17EPS growth FY26 (reported)+97.5%CautionReported EPS went from ₹4.81 to ₹9.50 (+97.5%). Differences from profit growth come from changes in share count (bonus, buyback, new issues). Note: the Dec 2025 quarter carried unusual other income of ₹-78 crore — a one-off that distorts year-on-year profit comparisons.
Bullish above 10% · Bearish below 0% · Neutral 0–10%.

C. Profitability

#PointReadingTagCommentary
18Operating margin FY2648%NeutralOperating profit (EBITDA) was 48% of sales in FY26 versus 36% in FY25.
How to read: Information only — normal margins differ a lot by industry.
19Operating margin trend (4 quarters)41% → 39% → 50% → 54%BullishQuarterly margins moved from 41% to 54% over the last four quarters — expanding.
Bullish up more than 1 percentage point · Bearish down more than 1 percentage point · Neutral when broadly stable.
20Net profit margin FY2629.8%Neutral₹29.8 of every ₹100 of revenue ended up as net profit in FY26.
How to read: Information only.
21Return on equity FY2630.6%BullishFY26 profit was 30.6% of average shareholders' equity. Above ~15% is generally considered good; below 10% weak.
Bullish above 18% · Bearish below 10% · Neutral 10–18%. Around 15% or more is generally considered good.
22ROCE FY26n/aNeutralNot available.
Bullish above 20% · Bearish below 10% · Neutral 10–20%.
23Return on assets FY2619.88%NeutralNet profit was 19.88% of total assets.
Bullish banks only: 1.5% or more · Bearish banks only: below 1% · Information only for non-banks.
24Effective tax rate FY2625%NeutralThe company paid about 25% of pre-tax profit as tax; India's base corporate rate is ~25%.
How to read: Information only. India’s base corporate rate is about 25%.
25Other income share of pre-tax profit-2%NeutralNon-operating 'other income' of ₹-24 crore made up -2% of pre-tax profit.
How to read: Caution above 25% (headline profit leans on non-core income). Neutral otherwise.

D. Balance sheet

#PointReadingTagCommentary
26Debt / equity0.03BullishBorrowings of ₹110 crore were 0.03× equity — very low leverage.
Bullish below 0.3 (very low leverage) · Bearish above 1 (high leverage) · Neutral 0.3–1.
27Debt / EBITDA0.08×BullishDebt equalled 0.08 years of FY26 operating profit.
Bullish below 1× · Bearish above 3× · Neutral 1–3×.
28Interest coverage252.1×BullishEarnings before interest and tax covered interest cost 252.1 times.
Bullish above 8× · Bearish below 3× · Neutral 3–8×, or not meaningful when interest is negligible.
29Book value growth+25.6%BullishShareholders' equity grew +25.6% from ₹2,661 crore to ₹3,342 crore in FY26.
Bullish above 10% (banks: above 12%) · Bearish below 0% (non-banks only) · Neutral otherwise.
30Capital work in progress₹741 cr (39% of fixed assets)NeutralProjects under construction (CWIP) were 39% of fixed assets — a big expansion pipeline not yet earning.
How to read: Information only. Above 20% means a big expansion pipeline that is not yet earning.
31Working capital daysn/aNeutralNot available.
How to read: Information only. Lower is generally more efficient; negative means suppliers or customers fund the business.
32Cash conversion cyclen/aNeutralNot available.
How to read: Information only. Shorter is generally better.
33Debtor days16 (FY25 30)NeutralCustomers took 16 days on average to pay, versus 30 a year earlier.
How to read: Caution when debtor days rose more than 20% in a year (collections stretching). Neutral otherwise.

E. Cash flow

#PointReadingTagCommentary
34Operating cash flow FY26₹1,474 crBullishThe business generated ₹1,474 crore of operating cash in FY26 versus ₹544 crore in FY25.
Bullish positive and higher than the year before · Bearish negative · Neutral when positive but lower. Information only for banks.
35Free cash flow FY26n/aNeutralFree cash flow line not available on source page.
Bullish positive · Bearish negative · Neutral when not available.
36Cash conversion (CFO ÷ net profit)1.60×BullishOperating cash flow was 1.60× reported profit — profits were well backed by cash.
Bullish above 1× (profits well backed by cash) · Caution below 0.7×. Neutral 0.7–1×.
37Free-cash-flow yieldn/aNeutralNot available.
Bullish above 4% · Neutral at 4% or less.
38Free cash flow — 3-year totaln/aNeutralNot available.
Bullish positive total · Bearish negative total · Neutral when not available.
39Capex FY26 (CFO – FCF)n/aNeutralNot available.
How to read: Information only.

F. Dividends & shareholder returns

#PointReadingTagCommentary
40Dividend payout ratio FY2630%NeutralThe company paid out about 30% of FY26 profit as dividends.
How to read: Information only. High payout suits mature businesses; growing firms often keep more.
41Dividend consistency (3 years)n/a / 30% / 30%NeutralPayout ratios for FY24 / FY25 / FY26 — dividends were irregular.
Bullish paid every year · Neutral when irregular. Never tagged Bearish.
42Share capital change (FY25→FY26)+0.0%NeutralPaid-up equity capital changed +0.0% (₹484 cr → ₹484 cr). Essentially unchanged — no dilution.
Bullish fell 1% or more (a buyback) · Caution when it rose 1% or more (new shares issued). Neutral when unchanged, or for a bonus/split.

G. Ownership

#PointReadingTagCommentary
43Promoter holding66.14% (+0.00 pts YoY)NeutralPromoters owned 66.14% at Mar 2026 versus 66.14% a year earlier.
Bearish fell more than 1 percentage point in a year · Neutral otherwise. Never tagged Bullish.
44Foreign institutional holding6.34% (+0.00 pts YoY)NeutralFIIs held 6.34% at Mar 2026, down from 6.34% a year before.
Bullish up more than 1 percentage point · Bearish down more than 1 percentage point · Neutral within ±1 point.
45Domestic institutional holding5.39% (+0.00 pts YoY)NeutralMutual funds, insurers and other DIIs held 5.39%, down from 5.39%.
Bullish up more than 1 percentage point · Bearish down more than 1 percentage point · Neutral within ±1 point.
46Number of shareholdersn/aNeutralNot available in our sources for this period.
How to read: Information only — a rough gauge of retail interest.
47Promoter pledgenone reportedNeutralOur source showed no pledged promoter shares.
How to read: Information only. Any sizeable pledge is a risk to note.

H. Quality & summary

#PointReadingTagCommentary
48Financial health checklist (Piotroski-style, 8 tests)8/8BullishPassed: positive profit, positive operating cash flow, CFO > net profit, leverage fell, operating margin improved, ROA improved, asset turnover improved, no meaningful dilution (<3%).
Bullish all tests passed, or all but one · Bearish half the tests or fewer passed · Neutral in between.
49Automated screen flags0 strength(s) · 0 weakness(es)NeutralNo strengths flagged. No weaknesses flagged. (Flags generated by the data source’s rule screen.)
How to read: Information only.
50Fundamental summary11 bullish · 0 bearish · 33 neutral · 5 cautionBullishOn the numbers published by 13 Jul 2026 the fundamental picture leaned positive. Valuation: P/E 52.4×, P/B 14.41×. This describes the data, not a recommendation. How to read the score: the strongest possible reading is 49 bullish · 0 bearish, and the weakest is 0 bullish · 49 bearish. Most companies land in between. The numbers are called positive when bullish tags beat bearish ones by 4 or more and are at least 1.5 times as many, negative the other way round, and mixed otherwise. Even a 49–0 score describes the past and is not a reason to buy, and a 0–49 score is not a reason to sell.
Bullish bullish tags beat bearish ones by 4 or more and are at least 1.5× as many (“positive”) · Bearish the same the other way round (“negative”) · Neutral (“mixed”) otherwise. Strongest possible: 49 bullish · 0 bearish.

News in the three months before the snapshot

Company news from 13 Apr 2026 – 13 Jul 2026 that an investor could have known on the snapshot date.

What happened next (13 Jul 2026 → 15 Oct 2026)

Later news

Educational summary. On 13 Jul 2026 the technical picture leaned negative and the fundamental picture leaned positive. Over the next three months the stock moved -9.0% against -5.0% for the Nifty 50. Here the chart's message lined up with what followed. One case proves nothing on its own; the value is in seeing many cases over time. This page does not say whether to buy, sell or hold Hindustan Copper today.

Method designed by Pawan Kumar Sharma, CPA · ACCA · CIA. Numbers are computed by our engine from the sources listed below.

Sources: daily prices — Yahoo Finance history pages; financials and shareholding — Screener.in (fetched 16 Oct 2026); index — Nifty 50 via Yahoo Finance; news — linked articles. Calculations by Manage Our Finance. Report a correction

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