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HCL in 'positive direction' on takeover of 4 copper blocks in Chile; advisors studying data
Hindustan Copper Limited is advancing positively on acquiring four Chilean copper blocks. Transaction advisors are studying data and regulatory issues are being examined. This move aims to secure critical raw materials for India's green energy transition. The company is bidding jointly with NTPC Mining and Coal India Limited.
NALCO, Hindalco rally up to 4% as aluminium prices rebound
The Nifty Metal index surged 2.5% led by Hindalco, NALCO and Hindustan Copper as aluminium prices rose over 5% from recent lows in July.
Hindustan Copper pins Navratna ambitions on 50,000 TPA Jhagadia Project
Hindustan Copper's Jhagadia project in Gujarat, a 50,000-tonne secondary copper smelter, is poised to significantly boost the company's revenue and strategic performance. This initiative, undertaken in partnership with Lohum Materials, could pave the way for Hindustan Copper to achieve Navratna status, granting it greater financial and operational autonomy. The project aims to enhance asset productivity and profitability, marking a crucial step for the 'Mini-Ratna' enterprise.
Hindustan Copper to seek Navratna status, eyes threefold ore output by 2029
Hindustan Copper is aiming for Navratna status, according to outgoing CMD Sanjiv Kumar Singh. The company plans to triple ore output by 2029 and has initiated steps to achieve the prestigious designation. Strong financial performance, including a near doubling of net profit and record revenue in FY26, underpins this ambition. Singh highlighted growing copper demand from renewable energy and EVs as a key growth driver.
Stocks to buy: Anand Rathi bullish on Hindustan Copper shares, sees 45% upside in the PSU stock; here’s why
Hindustan Copper share price has fallen 10% in one month, and has dropped 6% on a year-to-date (YTD) basis. The PSU stock has gained 12% in six months, and has rallied 90% in one year.
Vedanta, NALCO, Hindustan Zinc shares fall up to 3% as silver, aluminium, other metal prices tumble. Here's why
Metal stocks including Vedanta, NALCO and Hindustan Zinc fell up to 3% as global metal prices declined sharply. A stronger US dollar, easing Middle East tensions and rising expectations of a Fed rate hike pressured commodities like silver, aluminium, copper and zinc, triggering a broad-based pullback in the metal pack.
Stocks to Watch today: Airtel, Adani Power, Vedanta, Rajesh Exports, IRFC
Stocks to watch today: Bharti Airtel, Adani Power, Vedanta, Rajesh Exports, HCLTech, IRFC, Swiggy, Bandhan Bank, Torrent Power, Hindustan Copper, Tata Steel, and others will be in focus today.
Hindustan Copper gets forest clearance for Chandmari copper mine in Rajasthan
Earlier this month, the company had said that it is executing a massive capital expenditure programme under which it will spend ₹7,189 crore over the next five years to increase its mining capacity by three times.
Monarch Networth says Nifty can hit 28,000 in 2026, picks three top stocks
Monarch Networth Capital expects Nifty to reach 27,000-28,000 in 2026, driven by earnings recovery, capex growth and lower interest rates. The brokerage favours banking, telecom and IT sectors, while seeing opportunities in select midcap and smallcap stocks including SBI, HFCL and Hindustan Copper.
Buy, Sell Or Hold: IRCTC, SBI, Hindustan Copper, M&M, Paras Defence, Dr Reddy's Laboratories — Ask Profit
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Dipan Mehta picks Coforge, Persistent and Happiest Minds for the AI era
Dipan Mehta, Director at Elixir Equities, said new-age IT firms such as Happiest Minds, Persistent Systems and Coforge are well placed to benefit from the AI-led disruption in technology services. He also favoured diversified NBFCs over banks and highlighted opportunities in mining companies like NMDC and Hindustan Copper. However, he cautioned that elevated crude oil prices and the ongoing Iran conflict could weigh on India's economic growth and market sentiment. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Small & midcaps tumble! Hindustan Copper, Devyani, PI Industries, other stocks fall up to 7%
Smallcap and midcap stocks came under pressure on Wednesday as broader markets weakened amid a record low rupee, elevated bond yields, and cautious investor sentiment. Several stocks across sectors declined sharply after earnings and valuation concerns, while rising inflationary pressures fuelled worries over possible earnings downgrades for Q1FY27.