New Delhi, Aug. 18 -- Hindustan Copper's shares have been recovering steadily of late, surging 20% in 15 trading sessions, reaching Rs.566 apiece, supported by a sustained rise in international copper prices.

Higher copper prices could provide further support to the company's margins and revenue outlook, given its significant resource base, with the company holding around two-fifths of India's copper ore reserves and resources.

Benchmark three-month LME copper reached a six-month high of $14,310 a metric ton in the previous session, building on a seven-week winning run amid concerns about availability on the London Metal Exchange, where inventories are at their lowest level since February.

The current supply crunch is being fueled by a...