Is Hindustan Copper share a good buy?
Is Hindustan Copper share a good buy?
Is Hindustan Copper Ltd a good quality company? Past 10 year’s financial track record analysis by Moneyworks4me indicates that Hindustan Copper Ltd is a average quality company. 2.
Will Hindustan Copper go up?
After nearly 8 years of consolidation, Hindustan Copper shares made a strong upmove in 2021. The stock has given multibagger return of over 100% this year (year-to-date).
Why did Hindustan Copper share price falling?
As per the Reuters report, copper prices fell to their lowest in nearly two months on Wednesday, weighed down by supply pressure after top consumer China announced a plan to sell its national reserves of the metal to stabilise prices.
What is the future of Hindustan Copper Limited?
HCL expects that copper concentrate, rather than refined copper products, will be its primary product in the future. The company is in the process of expanding its mining capacities from approximately 3.97 MTPA as of March 31, 2020, to 12.20 MTPA in Phase-I and subsequently to 20.20 MTPA in Phase-II.
Who is buying Hindustan Copper Limited?
Life Insurance Corporation of India has acquired the bulk of shares of Hindustan Copper sold by the Centre through an offer for sale. In a disclosure to the stock exchanges, HCL on Monday said that LIC has bought 2.53 crore shares and increased its stake in the company to 14.98 per cent.
What does Hindustan Copper do?
It has the distinction of being the nation’s only vertically integrated copper producing company as it manufactures copper right from the stage of mining to beneficiation, smelting, refining and casting of refined copper metal into downstream saleable products.
Who is buying Hindustan Copper?
Will Hindustan Copper be Privatised?
The Niti Aayog has recommended privatisation of the two along with other non-strategic public sector entities. The Centre may retain some stake in these firms, said the official cited above. The government holds 66.14% of Hindustan Copper and 51.28% of National Aluminium.
What is the news about Hindustan Copper?
Hindustan Copper Ltd has informed BSE that a meeting of the Board of Directors of the Company will be hetd on May 28, 2022, inter atia, to consider and approve Accounts and Financial Results of the Company (Standatone and Consotidated) for the quarter and year ended on March 31, 2022 and recommendation for payment of …
Is Hindustan Unilever a good buy?
Stock score of Hindustan Unilever Ltd moved up by 1 in a month on a 10-point scale. Experts see smart money moving towards defensives which makes HUL a good stock to buy on dips towards Rs 2,180 levels, suggest experts. The stock closed 2.4 per cent higher on Friday at Rs 2,194 on the BSE.
How do I buy copper shares?
To invest in copper directly, investors can hold it in physical form, which can be done through the purchase of copper bullion bars or copper coins. Although not as direct as the purchase of coins or bullion, investors can also gain exposure to the value of copper through the purchase of futures.
Is Hindustan Copper a government company?
Hindustan Copper Limited (HCL) is a Schedule-A, Miniratna category -1 Central Public Sector Enterprise (CPSE) under the administrative control of the Ministry of Mines, Government of India. The company was incorporated on 9th November 1967, under the Companies Act, 1956. It was established as a Govt.