LIC makes gains in Hindustan Copper, cuts 2% stake in four months as shares rise 76% in 2025

State-owned insurer Life Insurance Corporation of India (LIC) has reduced its stake in Hindustan Copper by 2%, taking its stake in the company to 4.07%. The shares were sold on the open market between August 16 and December 23, the metals giant told exchanges.The country’s largest life insurance company LIC held 6.086% stake, amounting to 5.9 crore shares in Hindustan Copper before the sale period. NSE shareholding data shows that LIC held 4.67% stake in the company as on September 30, 2025.

The sell-off comes amid a stellar rally in Hindustan Copper shares, which are up 76% so far in 2025. It is among the most consistent metal stocks with three-year returns of 337% and a whopping 620% return in the past five years.The multibagger stock has consistently outperformed the sector. Nifty Metal’s five-year and three-year returns stand at 242% and 72% respectively. The return of the index over the past one year is 22%.

The year-long rally has pulled the stock into heavily overbought territory, with the RSI and MFI hovering around 78 and 87 respectively on Wednesday. A number above 70 is considered overbought.

The company’s earnings have supported the rise in its stock price. Hindustan Copper posted an increase of around 85% in consolidated net profit at Rs 186.02 crore in the quarter ended September 2025, on the back of higher revenues. It had posted a net profit of Rs 101.67 crore in the July-September period of FY25, the state-owned company said in a stock exchange filing.

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

Expenses stood at Rs 480.32 crore, against Rs 414.73 crore in the previous year quarter.

Under the Ministry of Mines, Hindustan Copper is engaged in the exploration, mining and enrichment of copper ore to produce and sell copper concentrate.

Also read: LIC uses Cipla’s dip as entry point and increases stake by 2% to 7.05%

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