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LIC dilutes stake in Hindustan Copper Limited

29 Sep 2023 , 09:50 AM

The Life Insurance Corporation of India’s (LIC) shareholding in Hindustan Copper Limited has been reduced from 9,91,10,743 to 7,90,11485 Equity Shares, taking down its shareholding from 10.249% to 8.171% of the Company’s paid-up capital.

It is India’s first and only vertically integrated copper producer. HCL is involved in a variety of operations, from copper mining to the ultimate stage of turning copper into saleable products.

Hindustan Copper Limited has a market capitalization of Rs 15,457.88 crore. The company is India’s first and only vertically integrated copper producer. HCL is involved in a variety of operations, from copper mining to the ultimate stage of turning copper into saleable products.

It is India’s first and only vertically integrated copper producer. HCL is involved in a variety of operations, from copper mining to the ultimate stage of turning copper into saleable products.

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Related Tags

  • HCL
  • Hindustan Copper
  • LIC
  • LIC NEWS
  • LIC stake
  • LIC Updates
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