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Sector: Metals & Mining

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Small Cap

Madhav Copper Share Price

MCL

54.50

-0.07(-0.13%)
10th Jul 2026 | 3:28 PM
NSE : MCL
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Madhav Copper Performance

Price Movement

₹54.50

₹54.14

₹55.93

Today's LowToday's High

1 Year Performance

₹54.50

₹42.00

₹93.20

52 Week Low52 Week High

Markets Today

High₹55.93
Low₹54.14
Open at₹55.93
Prev Close₹54.57
Volumes34.16 K
Avg Price₹54.65
Lower Circuit₹49.12
Upper Circuit₹60.02

Historical Performance

3M High₹66.60
3M Low₹51.77
1 Yr High₹93.20
1 Yr Low₹42.00
3 Yr High₹93.20
3 Yr Low₹26.10
5 Yr High₹93.20
5 Yr Low₹22.40

Summary

As of 10-07-2026 17:03, Madhav Copper Ltd. share price today is ₹0, with a change of ₹-54.57 (-100.00%) from the previous close of ₹54.57. The stock opened at ₹55.93 and traded between ₹54.14 and ₹55.93, with a total traded volume of 34158 shares. The company has a market capitalization of ₹146.5 Cr in the Metals & Mining sector. while its 52-week high and low are ₹93.2 and ₹42, respectively.

Madhav Copper Ltd. valuation metrics include a P/E ratio of 32.6, and book value of ₹2.90. Profitability indicators show ROE of 8.94%. Madhav Copper Ltd. has reported revenue of ₹234.2 Cr and net profit of ₹4.5 Cr.

Madhav Copper Ltd. technical indicators include Day RSI at 36.28, Day MFI at 25.76, Day ADX at 33.6. Additional indicators include Commodity Channel Index (CCI) at -103.8 and Williams %R at -86.35. Momentum indicators show Day MACD at -1.44, Day MACD Signal Line at -1.21, DayATR at 2.27. Rate of Change indicators for Madhav Copper Ltd. include ROC125 at -28.17 and ROC21 at -8.48.

Exponential moving averages include EMA5 at ₹55, EMA10 at ₹55.7, EMA12 at ₹56, EMA20 at ₹56.9, EMA26 at ₹57.4, EMA50 at ₹58.9, EMA100 at ₹60.3, EMA200 at ₹59.3. Simple moving averages include SMA5 at ₹54.9, SMA10 at ₹55.6, SMA20 at ₹57.1, SMA30 at ₹58.2, SMA50 at ₹59.3, SMA100 at ₹61.4, SMA150 at ₹63.1, SMA200 at ₹59.7.

Support levels for Madhav Copper are placed at First Support ₹52.37, Second Support ₹50.76, Third Support ₹48.50. Resistance levels are seen at First Resistance ₹56.24, Second Resistance ₹58.50, Third Resistance ₹60.11. Madhav Copper Ltd. shareholding pattern shows promoter holding at 65.21%, FII holding at 0%, DII holding at 0%, public holding at 34.79%.

Madhav Copper Fundamentals

Market Cap
Below industry Median
146.50 Cr.
PE Ratio (TTM)
Above industry Median
32.60
Dividend Yield
0
Net Profit TTM
4% decr over last year
4.50
Net Profit Growth
4% decr over last year
4.50
PEG Ratio
Negative PEG TTM
-8.20
ROE
13% decr over last year
8.94
Operating Revenue TTM
234.20
Operating Revenue Growth
88.0% incr over last year
Book Value
Low in industry
2.90
MFI
MFI oversold
25.76
RSI
RSI is mid-range
36.28
EPS (TTM)
-
Debt to Equity
-
Face Value
-
Operating Profit Margin Qtr.
-
Operating Profit Qtr.
-
Net Profit Qtr.
-
Operating Revenue Qtr.
-
PB Ratio
2.90

Madhav Copper Financials

*All values are in Rs. Cr
Loading chart...
Indicator
Mar 2026
Dec 2025
Sep 2025
Jun 2025
Mar 2025
Total Revenue84.0652.8051.1446.2041.52
Operating Expense79.7650.5049.3144.1840.36
Operating Profit4.302.301.832.011.17
Depreciation0.580.360.360.360.44
Interest0.960.830.700.800.72
Tax0.790.431.31-0.01-1.32
Net Profit2.910.76-0.201.041.72

Madhav Copper Technicals

Madhav Copper Ltd. EMA & SMA

54.50

-0.73 (-1.32%)

Bullish Moving Average

0

Bearish Moving Average

16

Day EMA5 ₹55
Day EMA10 ₹55.7
Day EMA12 ₹56
Day EMA20 ₹56.9
Day EMA26 ₹57.4
Day EMA50 ₹58.9
Day EMA100 ₹60.3
Day EMA200 ₹59.3

Madhav Copper Support and Resistance

Resistance

First Resistance₹56.24
Second Resistance₹58.50
Third Resistance₹60.11

Support

First Support₹52.37
Second Support₹50.76
Third Support₹48.50

Technical Indicators

Day RSI36.28
Day MFI25.76
Day ADX33.60
Day Commodity Channel Index-103.80
William-86.35
Day MACD-1.44
Day MACD Signal Line-1.21
Day ATR2.27
Day ROC125-28.17
Day ROC21-8.48

About Madhav Copper Limited Share Price

Madhav Copper Limited, with its corporate operations in Bhavnagar, Gujarat, functions as a manufacturer of copper products. The company was incorporated in November 2012 and was originally established as a private limited company before being converted into a public limited company in August 2016. Madhav Copper provides a comprehensive range of copper products, including copper busbars, copper rods, copper fabricated products, enameled copper wire, paper covered copper conductors, poly wrap submersible winding wires, fiberglass copper conductors, tapped insulated copper conductors, bare copper wire, and copper strips. The company is ISO 9001:2015 and 14001:2015 certified and serves industries such as pumps, motors, transformers, generators, hydro generators, alternators, wind generators, panels, and switch gear. Its heritage is rooted in the Indian copper manufacturing sector.

Madhav Copper share price on NSE signifies how market participants react to the company’s operational performance and the overall developments in the non-ferrous metals sector. The company’s financial health depends on demand for copper products, input cost fluctuations, and the performance of its various client industries spanning electrical, electronics, and industrial infrastructure. Madhav Copper stock price is influenced by various factors such as earnings, fluctuations in global copper prices, regulatory changes in international markets, and currency exchange rates. In the longer run, strategies such as expanding production capacity, diversifying the product portfolio, and deepening client relationships affect the stock market sentiments. All these factors need to be monitored closely to have an idea about the company’s stock price movements.

Madhav Copper live share price provides real time information about the last price traded, bid and ask prices, and volume traded. These indicators represent market activity and liquidity, reflecting investor response to corporate announcements, economic conditions, and sector news. Constant monitoring of the Madhav Copper live price helps in observing short term price volatility and shows how a stock moves relative to the broader metal index. Furthermore, monitoring Madhav Copper stock price movements helps investors understand real time market sentiment, price fluctuations, and trading behaviour. It allows them to evaluate short term performance, and respond to news, quarterly results, or sector trends that may influence the company’s valuation and overall investment outlook.

Madhav Copper Limited Company Fundamentals

a. Company Background

Madhav Copper Limited was incorporated in November 2012 and is headquartered in Bhavnagar, India. The company is engaged in the manufacture of copper products. Its product portfolio includes copper busbars, copper rods, copper fabricated products, enameled copper wire, paper covered copper conductors, poly wrap submersible winding wires, fiberglass copper conductors, tapped insulated copper conductors, bare copper wire, and copper strips. Its operations are based in India, with a manufacturing facility in Bhavnagar, Gujarat. Over time, the company has expanded its product portfolio and received approvals from Indian Railways for the supply of copper products. Financial performance is assessed through standard metrics such as revenue growth, operating margins, and return on equity. Market valuation indicators such as the P/E ratio are used by analysts for comparative assessment within the non-ferrous metals sector. Overall fundamentals are influenced by global copper prices, demand from end-user industries, and input cost fluctuations including raw material costs.

b. Company Product Lines

  • Copper Products
  • Manufactures copper busbars and copper rods.
  • Produces copper fabricated products and enameled copper wire.
  • Supplies paper covered copper conductors and poly wrap submersible winding wires.
  • Offers fiberglass copper conductors and tapped insulated copper conductors.
  • Provides bare copper wire and copper strips.
  • Specialty Products
  • Manufactures oxygen free copper rods and mica covered copper conductors.
  • Produces polyamide (Kapton) covered copper conductors.

The product portfolio is structured to serve both domestic and international clients across electrical, electronics, and industrial sectors.

c. Company Revenue Model

  • Domestic Sales
  • Revenue generated through the sale of copper products to Indian clients across electrical, electronics, and industrial sectors.
  • Export Sales
  • Contribution from international clients in various global markets.
  • Institutional and Bulk Contracts
  • Multi-year supply agreements with large industrial enterprises, including Indian Railways.

Revenue performance is primarily influenced by global copper prices, demand for copper products, and pricing realizations in domestic and export markets.

d. Geographic Presence

  • Corporate Headquarters
  • Primary administrative and management functions based in Bhavnagar, Gujarat, India.
  • Manufacturing Facilities
  • Manufacturing facility located in Bhavnagar, Gujarat.
  • Distribution Network
  • Products are supplied to clients across India and international markets.

e. Key Milestones

  • 2012 – Incorporation: Madhav Copper Private Limited was incorporated in Bhavnagar, Gujarat.
  • 2016 – Conversion to Public Company: The company was converted into a Public Limited Company and renamed Madhav Copper Limited.
  • 2017 – Stock Exchange Listing: The company listed its equity shares on the NSE EMERGE platform.
  • 2018 – Expansion: The company announced expansion and introduced new products including Copper Bus Bars, Profile, Copper Stripes, and Oxygen Free Copper Rod.
  • 2018 – Furnace Installation: The company installed a Copper Furnace for new products.
  • 2023 – New Product Introduction: The company introduced Copper Bus Bars, Profile, Copper Stripes, Oxygen Free Copper Rod, and other products.
  • 2025 – Record Profit: The company delivered a record profit before tax.

f. Industry Perspective

The non-ferrous metals and copper processing industry is capital intensive and closely linked to demand from electrical, electronics, and infrastructure sectors. Demand trends are influenced by economic activity, infrastructure development, and growth in the electrical and electronics industries driven by urbanization and industrialization. The industry is also affected by fluctuations in global copper prices, along with raw material availability and labour costs. Companies in the sector must manage technological change and supply chain efficiency while maintaining operational performance. These factors collectively influence financial performance and investor perception of firms like Madhav Copper.

Madhav Copper Limited Stock Market Presence: Listings & Index Representation

Madhav Copper Limited is listed on the National Stock Exchange under the symbol MCL and on the Bombay Stock Exchange with the scrip code 539762. Madhav Copper share price is actively traded on both exchanges. The company’s market presence is within the small-cap or SME segment of the market. Due to its size and sector focus, Madhav Copper share price is generally tracked by investors interested in the non-ferrous metals and copper processing industry.

Madhav Copper Limited is part of several broad-based and sector-specific stock market indices, reflecting its position as a small-cap copper manufacturing company in India. It is a constituent of indices including the NSE SME Emerge and other metal sector indices. Madhav Copper stock price finds representation in these indices based on its market standing. This presence helps investors track the stock relative to other metal and copper processing companies. Madhav Copper stock price is monitored by investors as a small-cap player in the Indian non-ferrous metals sector. Madhav Copper stock price is also tracked for its performance within the broader market context. Madhav Copper price provides insights into the small-cap segment of the metals industry.

Madhav Copper Limited Stock Performance and Share Price History

Madhav Copper share price on the NSE reflects its position as a small-cap copper manufacturing company in India. Its performance is qualitatively driven by factors such as demand for copper products, management of raw material costs, growth in sales revenues, and the ability to maintain client relationships. Investors compare Madhav Copper share price movement with other metal processing companies to assess relative strength. These underlying factors become visible through real market movements across different time periods. Similar trends appear during earnings driven price changes. Broader sector strength has also supported Madhav Copper share price at certain times.

Beyond operational and sector influences, corporate actions such as the company’s strategic focus on expanding its product portfolio and receiving approvals from Indian Railways can significantly affect share price movements by shaping future growth expectations. This shows how strategic initiatives may trigger short term swings, even within a regulatory environment influenced by global copper price cycles and client demand patterns. While short term movements respond to events and announcements, longer term valuation trends are better captured by Madhav Copper price annual high and low levels, offering context beyond daily or weekly changes. A notable peak indicates stronger demand and stable margins, whereas a significant low aligns with market corrections or sector volatility. These extremes reflect the impact of global economic conditions, copper price fluctuations, and earnings visibility, providing a framework for understanding historical performance.

Madhav Copper share price behavior mirrors the trading patterns of a small-cap copper manufacturing company within India’s industrial ecosystem. The company’s product portfolio spanning copper busbars, rods, wires, and other fabricated products has shaped its price history. Over the past several years, Madhav Copper price has experienced periods of sharp gains followed by phases of consolidation. Madhav Copper price has shown volatility compared to larger metal companies, reflecting the smaller scale of its operations. The company’s performance has closely tracked global copper prices and industrial demand cycles. Positive momentum appeared during periods of strong electrical equipment demand and infrastructure spending. However, periods of weak industrial demand and intensified competition have led to consolidation in Madhav Copper share price.

Madhav Copper share price faced selling pressure when revenue growth showed signs of deceleration, reflecting structural shifts in how clients demand faster delivery with lower costs in the competitive copper market. Despite macroeconomic disruptions, Madhav Copper price showed resilience during certain recovery phases. While the broader metals sector faced supply chain and input cost challenges, the company’s diversified client base and established manufacturing capabilities helped Madhav Copper share price recover from certain lows. Madhav Copper price has declined for several recurring reasons. A drop in client industrial demand or lower contract realizations directly impacts revenue visibility and leads to selling pressure. Changes in government policy on import duties or metal tariffs can also cause Madhav Copper price to fall.

Moreover, increases in operational costs such as raw material prices without matching productivity gains squeeze margins, making Madhav Copper share price less attractive. Periods of global economic slowdown that affect industrial spending raise concerns about order pipelines, leading to price declines. Madhav Copper price is sensitive to copper price movements. Broader market sell offs in small cap stocks also pull the price down, regardless of the company’s individual performance. Lower client retention or reduced order flow directly hurts revenue, resulting in a lower valuation. Madhav Copper price also faces pressure when clients demand faster delivery with lower costs, compressing revenue realization despite strong order momentum.

Madhav Copper share price has seen downward pressure when the company reported fluctuations in net profit margins. Madhav Copper stock price movements often mirror the broader metal index trends. Madhav Copper price can be impacted by changes in global copper prices and industrial demand. Madhav Copper price has historically shown sensitivity to metal tariffs. Madhav Copper price may also be affected by the company’s ability to maintain its competitive edge in the copper manufacturing space. Madhav Copper price performance is closely watched by investors tracking the small-cap metals segment. Madhav Copper stock price has moved within a 52-week range that reflects the broader market correction in metal stocks. Madhav Copper price has seen fluctuations based on market conditions. Madhav Copper price is influenced by various market factors.

Madhav Copper Limited Investor Relevance and Role in Portfolio

Madhav Copper Limited is a holding in small cap and metal sector portfolios, offering exposure to copper manufacturing products, electrical equipment supply, and industrial infrastructure. Its inclusion in major indices underscores its importance in India’s non-ferrous metals and manufacturing space. The company’s position as a quality-conscious copper manufacturer, together with its expanding product portfolio and diversified client base, makes it a consideration for long term allocations. Madhav Copper share price is influenced by the company’s ownership structure. Madhav Copper’s equity is held by a broad mix of promoters, institutional investors, and retail investors, reflecting its standing in India’s metals sector. Promoters hold a majority stake of 65.21 percent as of March 2026. Retail and other investors hold the remaining stake. The company’s management includes Nileshbhai Natubhai Patel as Chairman and Rohitbhai Bhikhabhai Chauhan as Managing Director.

Beyond fundamentals and ownership, Madhav Copper share price is actively monitored in the cash market segment, where trading volumes and delivery patterns reflect expectations on industrial demand, copper prices, and regulatory policy actions. Madhav Copper price is available for trading on both major Indian exchanges, allowing investors to take positions based on their outlook for the metals sector. Market participants watch these trading indicators to gauge sentiment around quarterly results and policy announcements. Madhav Copper price is also evaluated for its volatility characteristics.

Technical indicators provide additional insight into short term momentum shifts in Madhav Copper price. While these indicators are primarily used for near term trading decisions, they also help investors and portfolio managers understand broader market sentiment and anticipate potential volatility, especially around key events or announcements. In the short term and weekly timeframe, the stock has exhibited price movements that correlate with broader metals sector trends. Based on available data, the stock’s beta indicates a certain level of volatility compared to the broader market. The company’s return on equity is a reference point for profitability. Madhav Copper price is monitored by investors for its performance. Madhav Copper share price is tracked for its movements.

Overall, Madhav Copper demonstrates a certain volatility profile compared to the broader market, with the stock generally considered to have its own risk characteristics. This makes it sensitive to broader market movements, and it remains exposed to sector specific factors such as copper price fluctuations and industrial demand. Madhav Copper price is also influenced by the company’s ability to manage input costs and maintain operational efficiency.

Madhav Copper Limited Sectoral Relevance and Peer Positioning

Madhav Copper Limited sector relevance stems from its one decade presence in the non-ferrous metals industry, its position as a quality-conscious manufacturer and supplier of copper products, its portfolio covering copper busbars, rods, wires, conductors, and strips, and its established manufacturing capabilities serving electrical, electronics, and industrial sectors. Peer comparisons with companies like Precision Wires India, Bhagyanagar India, Cubex Tubings, Rajnandini Metal, and other small-cap copper processors focus on revenue growth, margin performance, production capacity, and client diversification rather than short term stock moves. These benchmarks help investors assess operational scale, efficiency, and regulatory adherence. Institutional tracking of global copper prices, industrial demand, and infrastructure spending further highlights Madhav Copper positioning within the broader Indian metals market.

Madhav Copper market cap highlights its position as a small cap player within the copper manufacturing sector. The company’s market capitalization has moved in line with investor perceptions of the company’s growth potential. From earlier periods through more recent times, the market cap showed trends as the company expanded its production capacity and product portfolio. This pattern reflects investor confidence during favourable industrial cycles, followed by consolidation during challenging periods impacted by economic headwinds and structural shifts in the industry.

Madhav Copper earnings trajectory demonstrates the impact of its operational execution in a competitive industry. In recent fiscal years, total income showed trends supported by the core copper manufacturing business. The company’s revenue from operations increased from the previous fiscal year to the most recent fiscal year, supported by strong demand across electrical and industrial verticals. Total income increased over the same period. Profit after tax improved, demonstrating margin expansion and operational efficiency. However, the company has faced headwinds from fluctuating copper prices, intensified competition for large contracts, and reduced discretionary industrial spending in certain geographies.

Madhav Copper EPS provides insight into its operational performance and income generation from copper manufacturing activities. The company reported earnings that varied based on industrial cycles and client spending patterns. The earnings per share has shown positive growth over time, with basic EPS for recent periods reflecting the company’s performance. More recent performance suggests that EPS has shown continued growth as the company benefits from operational efficiency and market conditions.

Madhav Copper P/E ratio reflects how investors perceive the company’s earnings relative to its revenue streams from copper products. The current valuation compared to industry averages indicates how the market assesses the company’s earnings potential. The company’s profit after tax has improved across recent fiscal periods based on operational performance, with net profit showing year on year growth. Overall, these changes highlight how market sentiment evolved alongside the company’s operational performance in a dynamic industry undergoing structural transformation. Madhav Copper share price today is monitored by investors tracking the metals sector. Madhav Copper price is also evaluated for its performance relative to peers. Madhav Copper price is influenced by the company’s earnings and market conditions. Madhav Copper share price is tracked for its movements in the small-cap segment.

Summary

Madhav Copper Limited is a small-cap copper manufacturing company based in Bhavnagar, engaged in the production of copper busbars, rods, wires, and other fabricated products. The company’s performance is influenced by global copper prices, industrial demand, and infrastructure spending. Investors track Madhav Copper share price for insights into the small-cap metals segment. Madhav Copper stock price reflects the company’s operational performance and the broader economic environment.

Madhav Copper Shareholding Pattern

Held ByDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoter66.366.366.366.365.265.2
FII000000
DII000000
Public33.733.733.733.734.834.8

Madhav Copper Delivery And Volume

PeriodCombined Delivery VolumeNSE+BSE Traded Volume AvgDaily Avg Delivery Volume %
Day13.75 K18.66 K73.65%
Week21.06 K30.55 K68.92%
1 Month26.73 K38.4 K69.61%
6 Month84.48 K87.28 K96.79%

Madhav Copper SWOT Analysis

Strengths12
Weakness6
Opportunity0
Threats0

Mid-range Performer (DVM)

Rising Net Cash Flow and Cash from Operating activity

PEG lower than Industry PEG

Relative Outperformance versus Industry over 1 Week

Increasing Revenue every Quarter for the past 8 Quarters

Effectively using its capital to generate profit - RoCE improving in last 2 years

Growth in Net Profit with increasing Profit Margin (QoQ)

Increasing Revenue every Quarter for the past 4 Quarters

Increasing profits every quarter for the past 2 quarters

Strong cash generating ability from core business - Improving Cash Flow from operation for last 2 years

Book Value per share Improving for last 2 years

Companies with Zero Promoter Pledge

Madhav Copper Corporate Action

Ex-Date
Dividend Amount
Dividend Type
Record Date
Instrument Type
No Record Found

Madhav Copper Stock Comparison

Financials
Price (₹)₹223.70₹128.99₹24.45₹58.50₹46.88₹393
% Change-0.42%-1.71%-15.54%0.00%0.26%1.46%
Revenue TTM (₹ Cr)---₹2,278.24₹838.56-
Net Profit TTM (₹ Cr)---₹37.48₹21.03-
PE TTM--4.4013.4011.0020.50
1 Year Return205.88-72.78-41.34-52.98137.82
ROCE20.05-----

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