Hindustan Copper stock hits 52-week-high ahead of Q1 results
The company's shares hit a 52-week-high of Rs 160.95 on Monday. The share performed well on Friday as well as it went as high as Rs 160.70.
Shares of Hindustan Copper retreated from a 52-week high touched earlier in the day as investors awaited the company's financial results for the April-June period due later in the day. At the weakest level of the day, the stock declined as much as 3.74 per cent to Rs 153.05 apiece on BSE.
The company's shares hit the 52-week-high at Rs 160.95.
The share performed well on Friday as well as it hit the day's high of Rs 160.70.
The company's share has been performing well for over a year.
In the last month, it has soared 29.58 per cent; 46.18 per cent in the last six months, while 36.74 per cent in the last one year.
Comparatively, Nifty 50 has dipped 1.31 per cent in the last one month, jumped 7.69 per cent in the last six month, and rose 8.32 per cent in the last one year.
The company last month appointed Ghanshyam Das Gupta as the unit head of its Khetri Copper Complex, in Khetrinagar, Rajasthan.
In its BSE filing last month, the company also said that Arun Kumar Shukla had stepped down from the post of Chairman and Managing Director of the firm on July 31.
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