Hindustan Copper Ltd - Provisional production performance for FY 2023-24

During FY 2023-24, Hindustan Copper Ltd has achieved MIC (Metal in concentrate) production of 27,404 tonne which is highest in last five years and 11% higher than last year. Similarly, the Company has achieved ore production of 3.78 million tonne in FY 2023-24 which is highest in last four years and 13% higher than last year. Malanjkhand Copper Project at Madhya Pradesh, the flagship Unit of HCL, has achieved 18% higher ore production and 9.4% higher MIC production compared to last year. The KCC Unit at Rajasthan has achieved 11% higher ore production and 17.3% higher MIC production with respect to last year. The TCP Unit at Maharashtra has achieved 27,833 tonne of Continuous Cast Copper Rod production (third party tolling) which is 71,725 tonne higher than last year. Figures mentioned above are provisional.

Shares of Hindustan Copper Limited was last trading in BSE at Rs. 310.10 as compared to the previous close of Rs. 278.20. The total number of shares traded during the day was 2456672 in over 26204 trades.

The stock hit an intraday high of Rs. 312.80 and intraday low of 279.80. The net turnover during the day was Rs. 740374193.00.

Source : Equity Bulls

Keywords

HindustanCopper INE531E01026 HINDCOPPER Production PerformanceUpdate FY2024