Page 3 - Hindustan Copper

Hindustan Copper eyes 20 MT output by 2024, plans to open closed mines

Hindustan Copper, which is currently catering to around five per cent of the domestic copper demand, expects to take it to 30 per cent

Hindustan Copper eyes Rs 100 bn turnover by FY24 through capacity expansion

Hindustan Copper at present meets 4 per cent of the country's copper requirement

Hindustan Copper seeks gold in copper ore leftovers from Madhya Pradesh

The project could generate 360 kg gold, 3,600 kg silver annually

Hindustan Copper surges 7% on reopening of Kendadih mine

Kendadih copper mine was closed in the February, 2000 due to economic reasons. Since then, considering the favourable market conditions, the Company has reworked the mine business plan.

Hind Copper eyes higher credit limit for expansion

The move comes against the backdrop of HCL planning to float tenders to reopen operations in the Rakha underground mine

FTAs with copper-producing nations threaten domestic sector: Hind Copper

HCL is the only vertically integrated copper producer in the country

Hindustan Copper to quadruple mine capacity

Hindustan Copper Ltd (HCL) is implementing mine expansion projects to increase the production capacity by four times besides investing Rs. 3025 crore to set up a 0.1 million tonne per annum (mtpa) plant in Chattisgarh.In the company's annual general meeting, its chairman cum managing director, K.D. Diwan said, "The company's flagship project, Malanjkhand underground mine of annual capacity 5 mtpa is progressing well. It is expected that the ore production from underground mine will commence from December 2018".It has also appointed a mine development officer for the Banwas mine at Khetri and received the environmental and forest clearances for its Kendadih and Rakha mine re-opening projects located at Ghatsila in Jharkhand. "HCL's focus in the next fiscal would be to expedite the expansion programme and ramp up the production from Gujarat Copper Project located at Bharuch in the shortest possible time", he said.In the last fiscal year, HCL's copper ore production fell marginally 3.8 ..

Street signs: Retail investors cash in on Hindustan Copper

Govt had set the floor price for the share sale at an 8% discount to the prevailing market price

Govt raises Rs 327 cr from Hindustan Copper share sale

Shares of Hindustan Copper fell 4% to close at Rs 62.45

Institutional buyers ensure Hindustan Copper OFS will sail through

They've bid for more than 50 million shares against govt's offer of 29.6 million shares

Hindustan Copper falls 8% on discounted floor price for OFS

The stock dipped 8% to Rs 65.25 after the government fixed floor price of Rs 64.75 per share for OFS

Hindustan Copper Q3 standalone net doubles to Rs 17 cr

Income from operations up 9.2% to Rs 248.6 cr; expenses up 2.4% to Rs 237.7 cr

Retail investors give Hindustan Copper share sale a miss

Retail portion of OFS garners just 30% subscription with 3.8 million bids against 12.9 million on offer

Hindustan Copper share sale garners full subscription

Centre will raise Rs 400 crore as part of disinvestment programme

Hindustan Copper OFS opens; stock falls 4%

The stock has hit a high of Rs 63.40 and a low of Rs 62.10 on the NSE so far

Govt to divest 7% in Hindustan Copper today

The government is selling 64.7 million shares, and has set a floor price of Rs 62 to raise Rs 402 cr

Hindustan Copper Q1 net loss at Rs 2.88 crore

Shares of the company on Monday hit a 52-week high of Rs 73.60 a scrip at the BSE