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Hindustan Copper is currently trading at Rs. 102.50, up by 1.85 points or 1.84% from its previous closing of Rs. 100.65 on the BSE.

The scrip opened at Rs. 104.10 and has touched a high and low of Rs. 104.40 and Rs. 101.40 respectively. So far 303537 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 159.30 on 19-Oct-2021 and a 52 week low of Rs. 81.20 on 20-Jun-2022.

Last one week high and low of the scrip stood at Rs. 117.60 and Rs. 100.15 respectively. The current market cap of the company is Rs. 9912.00 crore.

The promoters holding in the company stood at 66.14%, while Institutions and Non-Institutions held 16.28% and 17.58% respectively.

Hindustan Copper is executing its expansion projects to ramp up the production capacity of its mines to 12.2 million tonnes per annum in the first phase. The capacity expansion is expected to give a fillip to the domestic production of copper and reduce country's dependence on imports.

The company later plans to increase its production capacity to 20.2 million tonnes per annum, Shukla said while addressing shareholders at the 55th annual general meeting of the company through video conferencing. The proposed expansion of Malanjkhand Copper Project (MCP), MP will augment the ore production capacity from 2 million tonnes per annum (MTPA) to 5 MTPA by developing an underground mine below the existing open pit whose life is at its fag end. The proposed expansion of mines at western sector, which includes Khetri, Kolihan and Banwas mines in Rajasthan, will increase ore production capacity from existing 1 MTPA to 3 MTPA.

Hindustan Copper’s principal activities include mining of copper ore, concentration of copper ore into copper concentrate through a beneficiation process and also smelting, refining and extruding of the copper concentrate into refined copper in downstream saleable products.