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Thursday, 19 January 2017


Hindustan Copper is up by more than 5.46% on an intraday basis after the reports came out in markets that the Mines Ministry seeks to increase the copper import duty to 7.5% vs 5% earlier. Hindustan Copper zoomed to Rs 68.60 per share on Thursday intraday, even as the broader markets trade flat in the first half of the trading session.

Year 2016 has been good for commodity players as the prices were seen firming up throughout the year. In 2017, the commodity prices are expected to remain stable on back of world economy revival. Hindustan Copper Ltd., is a government-owned corporation in the Central Public Sector Enterprise under the Ministry of Mines, Government of India.

Hindustan Copper is up by more than 5.46% on an intraday basis after the reports came out in markets that the Mines Ministry seeks to increase the copper import duty to 7.5% vs 5% earlier. Hindustan Copper zoomed to Rs 68.60 per share on Thursday intraday, even as the broader markets trade flat in the first half of the trading session.

Year 2016 has been good for commodity players as the prices were seen firming up throughout the year. In 2017, the commodity prices are expected to remain stable on back of world economy revival.

Hindustan Copper Ltd., is a government-owned corporation in the Central Public Sector Enterprise under the Ministry of Mines, Government of India.

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