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Hindustan Copper Ltd (HCPR.NS)

HCPR.NS on National Stock Exchange of India

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Latest Key Developments (Source: Significant Developments)

Hindustan Copper says Indian govt to sell 7 pct stake via OFS
Wednesday, 28 Sep 2016 08:30am EDT 

Hindustan Copper : OFS opens on Sept 29 for non-retail investors and Sept 30 for retail investors . Floor price for the offer shall be INR 62 .Seller proposes to sell up to 64.8 mln shares of co through separate designated window of BSE and NSE.  Full Article

Hindustan Copper enters JV with Chhattisgarh Mineral Development Corp
Wednesday, 31 Aug 2016 01:03am EDT 

Hindustan Copper Ltd : Executed JV agreement with Chhattisgarh Mineral Development Corp for exploration, mining of copper, associated minerals .  Full Article

Hindustan Copper swings to June-qtr loss
Monday, 22 Aug 2016 05:47am EDT 

Hindustan Copper Ltd : June-quarter net loss 288 million rupees; net sales 2.06 billion rupees . Net profit in June-quarter last year was 200 million rupees as per Ind-AS; net sales was 2.34 billion rupees . Further company coverage [HCPR.NS] ((Bangalore.newsroom@thomsonreuters.com)).  Full Article

India Resources updates on agreement with Hindustan Copper
Tuesday, 7 Jun 2016 06:30pm EDT 

India Resources Ltd : Agreement with Hindustan Copper . Says ongoing detailed discussions have been held with Hindustan Copper Limited . Discussions have resulted in a provisional agreement between the parties . "Potential suspension of operations at the surda mine and the mosaboni plant is now deemed unnecessary" . HCL agreed to pay approximately $1.4 million against monthly supply of copper in concentrate for months of April 2016 and May 2016 . IRL will withdraw its arbitration notice . Transportation of copper concentrate to HCL and timely monthly payments to IRL will resume promptly . Proposal to settle long disputed claims between parties has been forwarded by HCL board to independent external monitor . IRL will do its utmost to continue to ramp up and maximise copper production at the Surda mine and Mosaboni concentrator .  Full Article

Hindustan Copper accorded approval to form JV with Chhattisgarh Mineral Development
Monday, 30 May 2016 09:02am EDT 

Hindustan Copper Ltd : Accorded approval to form jv with chhattisgarh mineral development corporation for exploration, mining and beneficiation of copper . Recommended seeking members' nod to issue,allot ncds within overall borrowing limit of inr 8 billion .  Full Article

Hindustan Copper posts March-qtr profit of 162.9 mln rupees
Monday, 30 May 2016 06:26am EDT 

Hindustan Copper Ltd : Says March-quarter net profit 162.9 million rupees; net sales 3.24 billion rupees .  Full Article

Deals of the day-Mergers and acquisitions

Aug 3 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday:

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