Hindustan Copper graded as “Excellent” for FY 2023-24
Hindustan Copper Limited (HCL) has achieved “Excellent” rating by the department of public enterprises (DPE) for FY 2023-24 in terms of Performance as per MoU parameters.
Copper prices traded up by 0.74 per cent to Rs 713.60 per kg in the futures market on the back of a pick-up in the spot demand.
On the Multi Commodity Exchange, copper contracts for delivery in October traded higher by Rs 5.25, or 0.74 per cent, to Rs 713.60 per kg in a business turnover of 2,137 lots.
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Analysts attributed the rise in copper prices to raising of bets by participants driven by a pick-up in the spot demand.
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