Hindustan Copper Executive Director Shyam Sunder Sethi steps down
Hindustan Copper (HINDCOPPER) said Shyam Sunder Sethi, Executive Director, has ceased; and Shyam Sunder Sethi Sir has ceased. The company is valued at about ₹39,735 crore.
What happened
In a filing with the NSE on 3 November 2026 at 04:53 PM, Hindustan Copper (HINDCOPPER) said that Shyam Sunder Sethi, Executive Director, has ceased; and Shyam Sunder Sethi Sir has ceased.
Company snapshot
Hindustan Copper is a mid-cap company in the Metals & Mining sector, with a market value of about ₹39,735 crore.
The stock last traded at ₹410.9, against a 52-week range of ₹308.5–₹760.1 (45.9% below the high).
Before this filing the shares had moved −11.1% over the month and −16.5% over three months. Average daily turnover over the last 20 sessions was about ₹178 crore.
Promoters held 66.14% at the end of Q1 FY27. Foreign institutions owned 5.96% and domestic institutions 4.84%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 516 | 134.3 | 1.39 |
| Q2 FY26 | 718 | 183.8 | 1.89 |
| Q3 FY26 | 687 | 156.2 | 1.62 |
| Q4 FY26 | 1,156 | 444.3 | 4.59 |
| Q1 FY27 | 937 | 352.4 | 3.64 |
What history shows
BCEIE's records show 12 or more previous management change filings from the company since May 2026.
After those filings, the stock gained 0.4% on average the next trading day and was up 1.6% on average after five days (12 filings with price data).
Across 64 similar disclosures by other Metals & Mining companies, shares moved −0.1% on average the next day and −1.3% over five days; 50% of them rose the next day.
Market-wide, 4,129 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 12 Oct 2026 | Shri Nagesh Shenoy, Executive Director and Unit Head - Malanjkhand… | −0.5% | — |
| 12 Oct 2026 | Shri Abhimanue Singh, Executive Director & Unit Head - Taloja Copper… | −0.2% | — |
| 9 Oct 2026 | Shri Tarak Nath Nayak, GM (Engineering Services), Hindustan Copper… | −0.2% | — |
| 26 Sept 2026 | Intimation regarding Change in Senior Management Personnel is… | −4.1% | −3.2% |
| 26 Sept 2026 | Management change | −4.1% | −3.2% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.