State-owned Hindustan Copper (HCL) on Thursday said it has raised Rs 5 billion through issuance of shares to institutional investors
The board of Muthoot Finance approved payment of an interim dividend of Rs 20 per equity share
Sebi imposed a penalty of Rs 25 crore on Yes Bank in the matter of misselling the lender's AT-1 bonds few years ago
Though there can be an intermittent correction, stock selection will be key, they say
Hindustan Copper hit an eight-year high of Rs 128, up 10 per cent on the BSE in intra-day trade on Wednesday on the back of heavy volumes
Shares of firms in this space up 50-198% since November 2020; global demand for copper and aluminium outstrips supply, pushing spot prices higher than futures
Welspun Corp, Hindalco Industries, Hindustan Copper and JSW Steel were down 5 per cent in intra-day trade on the NSE
An increase in coking coal prices would not augur well financially for steel companies' in India, ICICI Securities said in a note
Hindustan Copper on Tuesday reported 53 per cent decline in consolidated net profit at Rs 9.15 crore for the quarter ended September 30.
This will be to the extent of 15 per cent of existing paid up equity capital, the state-owned company said in a filing to BSE
Govt also asks 8 PSUs to go for share buyback
With this partnership, the companies have moved towards import substitution; Hindustan Copper is the only producer of concentrate in India
"Due to paucity of time, the.... proposals could not be discussed and deferred by the board," it said in a regulatory filing
t has been stated that though expansion projects in revised estimate (RE) stage, the target has been retained at Rs 402 crore
The IMF has predicted the epidemic would shave 0.1 percentage points off global growth
LME copper prices started declining and have remained suppressed ever since the US-China trade war began
It is also expecting the Kendadih mine to commence operations which it reopened in 2017
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 at present meets 4 per cent of the country's copper requirement
The project could generate 360 kg gold, 3,600 kg silver annually