Hindustan Copper Ltd

(HINDCOPPER)

Hindustan Copper Faces Bearish Momentum Signals - 08 Oct, 2024

Hindustan Copper's RSI at 40 indicates weakening momentum, suggesting a potential bearish trend. The stock is recommended for short-selling at Rs 311, with a target of Rs 300 and a stop loss at Rs 325.

Hindustan Copper Expands Production Capacity Plans - 06 Oct, 2024

Hindustan Copper is implementing expansion projects to increase its mine production capacity to 12.2 million tonnes per year, showing a 13% growth in ore production from FY23 to FY24.

Hindustan Copper Ltd Resumes Operations at Surda Mine - 05 Oct, 2024

Hindustan Copper Ltd has resumed operations at the Surda copper mine in Jharkhand, with plans to reopen Kendadih and Rakha mines this year. This initiative aims to enhance copper self-sufficiency, create significant employment opportunities, and generate approximately Rs 100 crore in annual revenue.

Hindustan Copper Shows Positive Breakout Potential - 30 Sep, 2024

Hindustan Copper's current price is Rs 342, with a 12.6% upside potential. The stock has broken above its 20-week moving average, indicating a positive near-term bias as long as it remains above Rs 328. Resistance is seen at Rs 361, with potential for a rally towards Rs 385.

Hindustan Copper Expands Production Capacity to 12.2 MTPA - 27 Sep, 2024

Hindustan Copper Ltd is implementing expansion projects to increase its mine production capacity to 12.2 million tonnes per annum, achieving a 13% rise in ore production in FY24. The transition from open cast to underground mining is underway, with significant capacity increases planned across various sites.

Hindustan Copper Expands Production Capacity Significantly - 26 Sep, 2024

Hindustan Copper Ltd is expanding its mine production capacity to 12.2 million tonnes per annum, achieving a 13% increase in ore production in FY24. Key projects include transitioning to underground mining at Malanjkhand and expansions in Rajasthan and Jharkhand, reinforcing its position as India's only vertically integrated copper producer.

Hindustan Copper Shows Bullish Momentum - 25 Sep, 2024

Hindustan Copper stock is exhibiting a bullish trend, having surpassed previous resistance levels. Analysts recommend a buy with a target of Rs 370 and a stop loss at Rs 323, supported by positive indicators across daily and weekly charts.

Hindustan Copper Ltd Continues Upward Trend - 24 Sep, 2024

Hindustan Copper Ltd is up 2.1% today, marking its fifth consecutive session of gains. The stock has surged 114.52% over the past year, outperforming both the NIFTY and Nifty Metal indices. Today's trading volume is significantly higher than the monthly average, indicating strong investor interest.

Hindustan Copper Ltd Sees Positive Momentum - 20 Sep, 2024

Hindustan Copper Ltd shares rose 1.3% to Rs 328.3, marking a 112.84% increase over the past year. The stock has gained 3.56% in the last month, outperforming the NIFTY and Nifty Metal index. Trading volume today was 52 lakh shares, below the monthly average of 63.86 lakh shares.

Hindustan Copper's Joint Venture Signs MoU - 11 Sep, 2024

Kabil, a joint venture of Hindustan Copper Ltd, National Aluminium Co. Ltd, and Mineral Exploration Co. Ltd, signed a memorandum of understanding with UAE-based International Resources Holding RSC Ltd.