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The Economic Times

Rounak Khare

Hindustan Copper shares gain 3% as company plans Rs 7,000 crore capital investment in next 5 years

Hindustan Copper copper United States Codelco Mining Trump BSE Chile SEBI

Shares of Hindustan Copper rose 3% to day’s high of Rs 521.75 on the BSE on Tuesday, after the company announced its plans for a Rs 7,000 crore capital investment in the next 5-6 years.

According to a regulatory filing on the BSE, the company has signed multiple MoUs with leading Indian PSUs such as NTPC Mining (NML), RITES, IOCL, Coal India, Oil India, and GAIL, to expand HCL’s mining portfolio and strengthen India’s mineral security.

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