Hindustan Copper is currently trading at Rs. 100.95, up by 1.60 points or 1.61% from its previous closing of Rs. 99.35 on the BSE.
The scrip opened at Rs. 102.00 and has touched a high and low of Rs. 104.40 and Rs. 100.10 respectively. So far 648663 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 110.55 on 07-Nov-2017 and a 52 week low of Rs. 54.10 on 22-Nov-2016.
Last one week high and low of the scrip stood at Rs. 110.55 and Rs. 87.50 respectively. The current market cap of the company is Rs. 9330.82 crore.
The promoters holding in the company stood at 76.05%, while Institutions and Non-Institutions held 18.36% and 5.58% respectively.
Hindustan Copper (HCL) has obtained approval from its board of directors to form a joint venture (JV) company with Mineral Exploration Corporation (MECL) and NALCO. The JV would help in the formation of a joint working group, which would be empowered to deal with government-to-government (G2G) deals relating to sourcing of rare minerals. The JV would take shape of a new company, namely Khanij Bidesh India (KABIL), which will have an authorized and paid-up capital of Rs 100 crore and Rs 30 crore respectively.
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.
| Company Name | CMP |
|---|---|
| Hindalco | 1038.95 |
| Vedanta | 787.60 |
| Hindustan Zinc | 592.35 |
| Jain Resource Recycl | 420.90 |
| Gravita India | 1639.80 |
| View more.. | |
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