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Hindustan Copper shares soar 19 percent

By SiliconIndia,Wednesday, 17 March 2010, 03:40 Hrs
Bangalore: Hindustan Copper ended the day as one of the top gainers with a gain of 83.70 (18.71 percent). The company opened the stock at positive note with a successful trading throughout the day, it closed at 531.10. The 52 week stock price chart is on the left.

In all 3,124,315 shares were traded throughout the day with current P/E ratio at 708.13. With 2,662 units of shares, Edelweiss Diversified Growth Equity Fund holds the largest number of shares in Hindustan Copper.



Hindustan Copper (HCL) is engaged in the manufacture and sale of copper. The company markets copper cathodes, copper wire bar, continuous cast copper rod and by-products, such as anode slime (containing gold and silver), copper sulphate and sulphuric acid. During the fiscal ended March 31, 2009, the company's cathode production was 30,036 tons. In fiscal 2009, the company sold 35,714 tons of refined copper.

   
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