Copper may rise even more than silver! Big money will be made in the shares of these 3 companies

There is a lot of turmoil in the stock market these days in commodity stocks, especially the metal sector. If you keep an eye on the market movements, you must have noticed that the recent rise in copper prices has become a topic of discussion. It is not just a matter of prices, but of the future demand that is coming from modern sectors like Electric Vehicles (EV) and data centers. Copper prices touched a record high of nearly $13,000 a tonne in January 2026, a huge gain of nearly 40 per cent from the beginning of FY2026. Even though it witnessed a slight softening at the end of January, the market is still in the recovery phase and is trading around $6 per pound.

Amidst this boom, three major Indian companies Hindustan Copper, Hindalco and Vedanta have come on the radar of investors. Rating agency ICRA estimates that the demand for copper in India will grow at a rate of 10 to 12 percent every year for the next two years, which can bring big opportunities for these companies.

Hindustan Copper

Public sector company Hindustan Copper’s position is very strong in the market because it is the only ‘vertically integrated’ producer in the country. This means that this company does all the work from mining to refining itself. What is most attractive for investors is the company’s future plans. The company is working on a plan to increase its production capacity from the current 3.54 million tonnes per year to 12.2 million tonnes by FY 2031. Its major projects are located in Malanjkhand and Khetri.

If we look at the latest figures, the third quarter of the financial year 2026 (Q3FY26) has been excellent for the company. On an annual basis, the company’s revenue jumped by 109 percent to Rs 687 crore, which was Rs 328 crore in the same quarter last year. Even on the profit front, the company did not disappoint and the net profit increased by 147 percent to Rs 156 crore.

Hindalco- Hindalco Industries

Aditya Birla Group giant Hindalco Industries, which has interests in both copper and aluminium, has also maintained its strong hold. The company’s American subsidiary Novelis has shown good growth in copper shipments. Hindalco’s revenue increased by 14 percent to Rs 66,521 crore in the third quarter. However, investors have suffered a slight setback on the profit front, as it fell by 45 percent on an annual basis to Rs 2,049 crore.

Vedanta – Vedanta

Anil Aggarwal’s company Vedanta has performed brilliantly. Vedanta’s copper division has ramped up production and produced 45 kilo tonnes of cathode in Q3FY26. Vedanta has won in financial results. The company’s revenue increased by 37 percent to Rs 23,369 crore, but the most surprising figure was the profit. Vedanta’s net profit has increased by a strong 60 percent to Rs 7,807 crore, which also shows a huge growth of 124 percent on a quarterly basis.

The coming times will be great for the copper sector

According to the ICRA report, the coming times are going to be very important for the copper sector. Infrastructure development in India, emphasis on renewable energy and increasing sales of electric vehicles will take copper consumption to new heights. However, a matter of concern is that domestic production is still not enough to meet the demand, increasing dependence on imports. Refining charges have come down due to shortage of copper concentrate globally, which may put pressure on the margins of smelting companies. But the way the pace of industrialization and electrification is fast in the country, it is clear that the shine of copper is not going to fade in the future.