Nigeria, Sept. 22 -- During Monday's trading session, shares of the first Indian PSU and only vertically integrated producer of refined copper in India witnessed a sharp rise of nearly 8 percent on the stock exchanges. What triggered this steep rise? Let's break it down in this article.

With a market cap of Rs. 28,658 crores, the shares of Hindustan Copper Limited closed in the green at Rs. 296.35 on BSE, up by around 5 percent, as against its previous closing price of Rs. 282.6. The stock has delivered negative returns of around 11 percent in the last one year, but has gained by over 24 percent in the last one month.

What's the News On 9th January, Hindustan Copper Limited (HCL) appointed South West Mining Limited (SWML) as the Mine De...