SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Hindustan Copper inks JV pact with CMDC for exploration and mining

31 Aug 2016 Evaluate

Hindustan Copper has executed a joint venture agreement (JVA) on August 30, 2016 with Chhattisgarh Mineral Development Corporation (CMDC), a Government of Chhattisgarh enterprise, for exploration, mining and beneficiation of copper and its associated minerals in the state of Chhattisgarh.

As per the agreement, initially the joint venture company (JVC) would be formed with an authorized paid up capital of Rs 10 crore to meet the cost of exploration. Hindustan Copper will hold 74% stake in the JVC, while CMDC will be holding 26% stake.

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

563.50 -6.10 (-1.07%)
20-Apr-2026 11:07 View Price Chart
Peers
Company Name CMP
Hindalco 1019.50
Vedanta 780.45
Hindustan Zinc 587.85
Jain Resource Recycl 409.55
Gravita India 1680.75
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:

×