Hindustan Copper after OFS: Pros and cons investors should know
New Delhi, Sept. 1 -- Hindustan Copper recently successfully completed its Offer for Sale, with reports suggesting the retail portion was subscribed more than seven times.
Over the last few quarters, metal stocks are in the limelight as prices on the LME continue their rally. The Hindustan Copper stock itself has given solid returns of 133% over the last three years.
In this editorial, we examine some of the pros and cons of investing in the stock.
Hindustan Copper is a public sector enterprise under the mines ministry.
It was incorporated on 9 November 1967 and is the country's only vertically integrated copper producer, carrying out the entire value chain-from copper ore mining and beneficiation to smelting, refining, and the produc...
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