State owned Hindustan Copper's net profit during the April to November period of the current fiscal dipped by over 21.5%to INR 110.35 crore on account of subdued prices globally. The company,the only domestic player to produce copper ...
Tags: Hindustan Copper, copper ore, LME, India
Hindustan Copper Limited has earned Profit before tax of INR 472.92 crore for the financial year 2011-12 which is highest ever since inception. The Company has paid INR 92.14 crore as dividend to Government of India for the year 2011-12. ...
Tags: HCL, Copper, Ore Production, Ore
Business Line reported that disinvestment of government’s shares in Steel Authority of India Ltd may take place in February. However, there is still no clarity on sell off of another steel company, Rashtriya Ispat Nigam Ltd. A ...
Tags: Business Line, Steel Authority of India, steel market, steel industry
Mineweb reported that India has failed to win a global bid to acquire the Shaida copper project in Afghanistan which has been awarded to Afghan Minerals Group. In yet another failed attempt the Indian consortium consisting of state owned ...
Ahead of the first tranche of 9.59% disinvestment of government ownership of 99.59% of Hindustan Copper Limited, India’s only vertically integrated producer of the red metal, the company’s share traded in small lots at up to INR ...
Tags: India, red metal, copper, metal industry, copper price
PTI reported that leading bourse BSE has halved the circuit limit for the Hindustan Copper scrip capping its maximum movement in a day at 10% even as the stock continued its downward trend on the bourses for the third consecutive day. The ...
Tags: BSE, copper scrip, lowers circuit
Hindustan Times reported that the government on December 10th Monday fixed the price band for the upcoming 10% stake sale in India's largest iron ore miner National Mineral Development Corp at INR 145 to INR 150 that will fetch the ...
Tags: Copper, Mineral, Metallurgy
PTI reported that the government is likely to sell its 10% equity this week in iron ore miner NMDC, which could fetch the exchequer nearly INR 6,300 crore at the current market price. A senior government official said that "The stake sale ...
Tags: iron ore miner, market price, largest domestic iron ore miner
BS reported that investors in the Hindustan Copper auction issue are already staring at a loss. The price fell below the government set auction floor price of INR 155 on 27th 2012. The issue had been subscribed largely by public sector ...
Tags: Hindustan Copper, LIC, INR 153
Shares of Hindustan Copper and Blue Dart Express have rallied over 25% after initial fall of more than 4% each on back of heavy volumes. Hindustan Copper has soared 15.5% to INR 276, bouncing back almost 25% from intra day low on the BSE. ...
Tags: Copper and Blue Dart, copper, Express rally, Hindustan Copper
PTI reported that the government's 4% stakesale in Hindustan Copper was on November 23rd 2012 over subscribed, marking the ambitious INR 30,000 crore disinvestment program that is crucial for meeting the fiscal deficit target. ...
Tags: Copper Stake Sale, copper, steel, stakesale, Indian copper
Hindustan Copper has locked in lower circuit of 20%at INR 170 on the NSE for second day in a row after the government sold its around 6%stake in the company at a huge discount. The exchange data showed that the government offloaded ...
Tags: Hindustan Copper, government, exchange data, copper