/ Hindustan Copper Hikes Prices Across Their Product Range ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Thursday, 12 January 2017

Hindustan Copper has raised product based prices by over 5% MoM across their product range.

Hindustan Copper is currently trading at Rs 68.70 per share, up by 1.93%.The stock has delivered 1.93% over a period of one year. The stock has outperformed the BSE Mid-cap index and has underperformed the BSE Metal index.

The year 2016 saw the metals and commodities' prices improve when compared to 2015. In 2017 it is widely expected that there will be increase in prices of commodities, including copper, aluminium, steel, etc. Only recently the steel companies have announced a price hike thus helping build momentum in the steel stock prices.

Hindustan Copper Limited has the distinction of being the nation’s only vertically integrated copper producing company as it manufactures copper right from the stage of mining to beneficiation, in addition to smelting, refining and casting of refined copper metal into downstream saleable products.

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