TechnoCraft Ventures JSC shows strong start after listing, achieving 50% growth

The state-owned company has demonstrated impressive returns for investors over the past years. Over one year, the company's shares grew by 122%, and in the first quarter, the company presented strong financial results.

Net profit in the first quarter reached 352 crore rupees, which is 162% higher compared to 134 crore rupees in the same period last year. However, in the fourth quarter of the 2026 fiscal year, profit decreased by 20%, amounting to 444.27 crore rupees.

The company's revenue in June increased by 81%, reaching 937 crore rupees compared to 516 crore rupees a year earlier. This revenue growth is due to the increase in copper prices. After the publication of the first-quarter results, Hindustan Copper shares closed at 526.75 rupees per share, which was 2% lower than the previous closing price of 536.10 rupees on Monday.

Tuesday saw a slight increase in shares, which traded at 535.80 rupees. The shares reached a record high of 759.20 rupees on January 29, 2026. This multibagger stock provided a return of 255% over three years and 787% over ten years, but since reaching the record, it has fallen by 31%.

During June, Hindustan Copper achieved a significant improvement in operating profit. The EBITDA indicator grew by 139% year-on-year, reaching 508 crore rupees compared to 212 crore rupees in the same quarter of the previous fiscal year. The growth in operating income also contributed to an increase in the company's margin. According to consolidated financial data, the EBITDA margin in the first quarter rose to 54.19%, whereas it was 41.05% a year earlier.

Hindustan Copper Limited (HCL) is a central government enterprise managed by the Ministry of Mines. Established in 1967, it is the sole producer of copper in India, covering all stages of the process: from mining and smelting to refining, copper casting, and final product manufacturing.