Copper Stock: Can AI Data Centres, EVs and the Demerger Drive Its Rs5,000 Cr Ambition?
India, July 9 -- Copper is becoming one of the world's most critical industrial metals as electrification, renewable energy, AI data centres and electric vehicles accelerate global demand. India is expected to emerge as one of the fastest-growing copper markets over the coming decades, creating significant opportunities for domestic manufacturers.
Against this backdrop, Bhagyanagar India is expanding its focus from commodity copper products to higher-margin value-added solutions while pursuing capacity expansion, exports and a planned demerger to unlock shareholder value and support its ambitious FY30 growth plans.
With a market cap of Rs 1,200 crore, the shares of Bhagyanagar India Ltd are trading at Rs 375 and are trading at a PE of...
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