SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Hindustan Copper gains on resuming operations at Surda copper mine

30 Jun 2015 Evaluate

Hindustan Copper is currently trading at Rs. 63.00, up by 0.35 points or 0.56% from its previous closing of Rs. 62.65 on the BSE.

The scrip opened at Rs. 62.00 and has touched a high and low of Rs. 63.60 and Rs. 62.00 respectively. So far 28506 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 117.80 on 07-Jul-2014 and a 52 week low of Rs. 52.15 on 04-Jun-2015.

Last one week high and low of the scrip stood at Rs. 69.90 and Rs. 54.20 respectively. The current market cap of the company is Rs. 5861.26 crore.

The promoters holding in the company stood at 89.95% while Institutions and Non-Institutions held 7.45% and 2.60% respectively.

After a gap of over nine months, Hindustan Copper’s (HCL's) Surda mine in Jharkhand has resumed operation last week. The mine production is expected to reach 1,250 tonnes per day (tpd) in August from the resumption level of 850 tpd. The company resolved its dispute with its mine operator after paying off Rs 6 crore this month to IRL for its losses during the seven-month long closure of the mine.

The revival of operations at Surda one of HCL's productive copper mines is likely to boost HCL's profitability in the remaining three quarters of FY16. With closure of the mines since September 2014, the company's net plunged 76% to Rs 68 crore in 2014-15 from Rs 286 crore in 2013-14.

Hindustan Copper’s principal activities include mining of copper ore, concentration of copper ore into copper concentrate through a beneficiation process and also smelting, refining and extruding of the copper concentrate into refined copper in downstream saleable products.


Hindustan Copper Share Price

569.60 5.90 (1.05%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Hindalco 1038.95
Vedanta 787.60
Hindustan Zinc 592.35
Jain Resource Recycl 420.90
Gravita India 1639.80
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×