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Hindustan Copper plunges on reporting 4% fall in Q3 net profit

14 Feb 2013 Evaluate

Hindustan Copper is currently trading at Rs. 124.85, down by 2.55 points or 2.00% from its previous closing of Rs.127.40 on the BSE.

The scrip opened at Rs. 127.50 and has touched a high and low of Rs. 128.85 and Rs. 124.15 respectively. So far 129314 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 310.90 on 17-Sep-2012 and a 52 week low of Rs. 121.55 on 11-Feb-2013.

Last one week high and low of the scrip stood at Rs. 139.70 and Rs. 121.55 respectively. The current market cap of the company is Rs. 11639.24 crore.

The promoters holding in the company stood at 94.01% while Institutions and Non-Institutions held 4.16% and 1.83% respectively.

Hindustan Copper has reported results for third quarter ended December 31, 2012.

The company has reported 4.16% fall in its net profit at Rs 75.84 crore for the quarter as compared to Rs 79.14 crore for the same quarter in the previous year. Total income of the company has increased by 2.57% at Rs 380.46 crore for quarter under review as compared to Rs 370.94 crore for the quarter ended December 31, 2011.

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. 

Peers
Company Name CMP
Hindalco Industries 1001.10
Vedanta 270.20
Hindustan Zinc 595.70
Jain Resource Recycl 302.75
CMR Green Tech 227.80
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