Support and Resistance Levels
Past performance
About Hindustan Copper Ltd Hindustan Copper Limited (HCL) is a central public sector undertaking under India's Ministry of Mines, distinguished as the sole vertically integrated producer of primary refined copper in the country. Established in 1967, HCL engages in the entire copper production spectrum, from exploration to refining, with operations spread across multiple states in India, including Madhya Pradesh, Rajasthan, Jharkhand, Gujarat, and Maharashtra. The company markets copper cathodes, wire bars, continuous cast copper rods, and by-products like anode slime, copper sulphate, and sulphuric acid.
HCL has pursued a significant expansion strategy to increase its mining capacity, with substantial investments in plant and machinery renewals, mine development, and greenfield exploration. It holds a majority stake in subsidiaries like Chhattisgarh Copper Ltd and a joint venture in Khanij Bidesh India Ltd, aimed at overseas mineral acquisitions. HCL's ongoing projects include extensive geological drilling and leveraging bio-leaching technology for low-grade sulphide ores, underscoring its commitment to augmenting copper production to meet rising market demands.