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Hindustan Copper Ltd (HCPR.NS)

HCPR.NS on National Stock Exchange of India

16 Feb 2018
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Rs-1.85 (-2.36%)
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Latest Key Developments (Source: Significant Developments)

India's Hindustan Copper Sept-qtr profit rises more than four fold
Friday, 10 Nov 2017 06:01am EST 

Nov 10 (Reuters) - Hindustan Copper Ltd ::Sept quarter profit 285.5 million rupees versus profit of 67.7 million rupees last year.Sept quarter revenue from operations 5.19 billion rupees versus 1.81 billion rupees last year.  Full Article

Hindustan Copper says LIC of India raises stake in co to 14.25 pct via OFS
Friday, 4 Aug 2017 07:04am EDT 

Aug 4 (Reuters) - Hindustan Copper Ltd ::Says LIC of India raises stake in co by 3.1 percent to 14.25 percent via OFS.  Full Article

Hindustan Copper signs MoU with Mishra Dhatu Nigam Limited
Monday, 24 Jul 2017 08:49am EDT 

July 24 (Reuters) - Hindustan Copper Ltd :Says signed a MoU with Mishra Dhatu Nigam Limited.Says MoU for joint collaboration in area of production of copper-nickel tubes.  Full Article

India Resources updates on Surda copper mine operations
Friday, 19 May 2017 05:06am EDT 

May 19 (Reuters) - India Resources Ltd ::On occasions in recent months, strikes by mine, processing plant and construction project workers have caused all operations to be suspended.Production of metal in concentrate has been adversely affected to a severe extent.These strikes have also adversely affected physical progress on mine expansion and shaft sinking project.Strikes have also adversely affected physical progress on mine expansion and shaft sinking project.Unnecessary and random events have caused great inefficiencies and loss of profit to IRL."As of today all strikes have ended and all workers have returned to work"."Another factor aggravating reputation & finances of IRL is late payment of amounts invoiced to Hindustan Copper Limited (HCL) and Shriram EPC by IRL".Late payment of invoices "has precipitated a major cash and liquidity problem within IRL".Unless HCL make full payment of all invoices, conditions causing strikes are likely to arise again.  Full Article

Hindustan Copper Dec-qtr profit more than doubles
Friday, 10 Feb 2017 03:47am EST 

Hindustan Copper Ltd : Dec quarter net profit 168.7 million rupees . Dec quarter total income from operations 2.49 billion rupees .Net profit in Dec quarter last year was 83.3 million rupees as per Ind-AS; total income from operations was 2.28 billion rupees.  Full Article

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