Purpose | Announcement Date | Ex-Date | Record Date | Dividend Amount | Dividend per Share | Remark |
---|---|---|---|---|---|---|
Dividend | 24 May 2024 | 19 Sep 2024 | - | 0.92 | 18.4 | Final |
Outcome of Board meeting held on 24.5.2024 is submitted. The Board recommended payment of dividend for financial year 2073-24 @ Re. 0.92 per share of the face value of Rs.5 each for approval of shareholders in the forthcoming Annual General Meeting (AGM) of the Company. |
As part of its growth strategy, the company is looking for acquisition of good quality copper deposits both within and outside India.
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The project is to jointly develop a supply chain that is fast, dependable, and sustainable, covering a range of minerals, including copper and other strategically important resources.
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Hindustan Copper is the only vertically integrated producer of copper in India, from mining to the manufacture of copper rods, a products used in electricals
Hindustan Copper said that its EBITDA margin expanded by 600 bps on a year-on-year basis to 39.95% in the quarter under review.
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Re-opening and expansion of Rakha Mine and development of new underground mine at Chapri shall be undertaken and commissioning of a modern concentrator plant would be done.
In the second quarter of this fiscal, EBITDA increased by 25.4% to ₹151.9 Crore from ₹121 Crore in the previous quarter.
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