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Hindustan Copper Q2 Net Profit Surges, Shares Jump 7%

13 Nov 2023 , 02:32 PM

Hindustan Copper shares surge by 7% as Q2 net profit doubles. The stock rallied 40% compared to a 7% rise in the S&P BSE Sensex. In Q2 FY24, consolidated income records a significant 67% YoY increase, reaching Rs 392 crore.

Sales volume witnessed a robust 49% growth over the previous year in the same quarter. Mine production shows a substantial 13% increase in Q2 FY24 compared to the corresponding period last year.

Foreign institutional investors (FIIs) raised their stake in Hindustan Copper to 2.1% from 1.8% in the previous quarter.

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Related Tags

  • Hindustan Copper
  • Hindustan Copper q2
  • hindustan copper share price
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