Stock Report

Nissan Copper commences production of expanded capacity



Posted On : 2007-06-17 23:14:01( TIMEZONE : IST )

Nissan Copper commences production of expanded capacity

Nissan Copper Ltd has announced that the expansion project for copper secondary refining / recycling has commenced commercial production and the capacity of ingots / billet bars is enhanced from 7200 TPA to 10800 TPA.

The installation of extrusion press and drawing lines are in process and expected to commence production shortly.

The stock was trading at Rs.31.40, up by Rs.0.60 or 1.95%. The total traded quantity was 9638 compared to 2 week average of 54805. The stock hit an intraday high of Rs.32.25 and low of Rs.30.80.

Source : Equity Bulls

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