EGoM clears 4% divestment in Hind Copper; stock down 2%

Empowered Group of Ministers (EGoM) has cleared 4% divestment in Hindustan Copper. The divestment will happen in 1-2 days and in 2 tranches. The remaining 5.59% divestment will be done at a later stage, reports CNBC-TV18.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead GrowMyMoney master your money IThe Winning Leap SME Special
Moneycontrol

Home » News » Business

Nov 22, 2012, 10.53 AM | Source: Moneycontrol.com

EGoM clears 4% divestment in Hind Copper; stock down 2%

Empowered Group of Ministers (EGoM) has cleared 4% divestment in Hindustan Copper. The divestment will happen in 1-2 days and in 2 tranches. The remaining 5.59% divestment will be done at a later stage, reports CNBC-TV18.

Like this story, share it with millions of investors on M3

EGoM clears 4% divestment in Hind Copper; stock down 2%

Empowered Group of Ministers (EGoM) has cleared 4% divestment in Hindustan Copper. The divestment will happen in 1-2 days and in 2 tranches. The remaining 5.59% divestment will be done at a later stage, reports CNBC-TV18.

Post Your Comments

Share Cancel

Empowered Group of Ministers (EGoM) has cleared 4% divestment in Hindustan Copper . The divestment will happen in 1-2 days and in 2 tranches. The remaining 5.59% divestment will be done at a later stage, reports CNBC-TV18.

At 09:29 hrs Hindustan Copper was quoting at Rs 233.95, down Rs 5.25, or 2.19%. It has touched an intraday high of Rs 241.50 and an intraday low of Rs 222.
 
It was trading with volumes of 55,687 shares. In the previous trading session, the share closed down 3.86% or Rs 9.60 at Rs 239.20.

The share touched its 52-week high Rs 320.00 and 52-week low Rs 146.25 on 02 February, 2012 and 20 December, 2011, respectively.
 
Currently, it is trading 26.89% below its 52-week high and 59.97% above its 52-week low.
 
Market capitalisation stands at Rs 21,645.48 crore.

The company's trailing 12-month (TTM) EPS was at Rs 2.42 per share. (Sep, 2012). The stock's price-to-earnings (P/E) ratio was 96.63. The latest book value of the company is Rs 15.11 per share. At current value, the price-to-book value of the company was 15.48. The dividend yield of the company was 0.43%.

Buy, Hold, Sell ? Hear it first on M3
EGoM clears 4% divestment in Hind Copper; stock down 2%

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login