Watch the interview of Sahil Kapoor, Edelweiss Financial Services with Anuj Singhal & Reema Tendulkar on CNBC-TV18, in which he shared his readings and outlook on market and specific stocks.
Bharti Airtel | Financial Technologies | Tata Motors | Pipavav Defence | NMDC | M&M | HDFC Bank | Ramco Systems | Jai Corp | JB Chemicals | Sundaram Clayton | JK Lakshmi Cement | KEC International | Aurobindo Pharma | Novartis India and National Fertilisers are stocks, which are in the news today.
As part of its disinvestment plans via stake sale in public enterprises during this fiscal, government will sell 15 percent of its shareholding in Hindustan Copper Ltd, Parliament was informed on Friday.
Hindustan Copper has reported a sales total income from operations of Rs 220.80 crore and a net profit of Rs 17.21 crore for the quarter ended Sep '14
CNBC-TV18's Research Team recommends Top10 stocks to watch in today's trade - Dish TV, Delta Corp, DLF, Tata Power, Voltas, HPCL, Sail, Cipla, Tata Motors and Videocon.
Shareholders of the state-run copper maker had last month approved dividend at the rate of 20 percent on equity for the year 2013-14 at company's annual general meeting, an official statement said.
Hindustan Copper has reported a sales standalone turnover of Rs 427.06 crore and a net profit of Rs 68.96 crore for the quarter ended Dec '13
Hindustan Copper has reported a sales standalone turnover of Rs 335.05 crore and a net profit of Rs 62.01 crore for the quarter ended Sep '13
Expansion of the Malanjkhand mine to 5.2 million tonnes per annum capacity (MTPA) has already been held up by over one and half years due to delays in securing various regulatory approvals.
According to Ajay Jain, CEO of astromoneyguru.com, copper looks positive. He feels that one may keep eyes on copper for short term trading.
Hindustan Copper has reported a sales standalone turnover of Rs 225.71 crore and a net profit of Rs 18.57 crore for the quarter ended Jun '13
ONGC | DLF | Insecticides India | Hathway Cable | Inox Leisure | Jindal Stainless | United Bank | Jaiprakash Power | Denso India | Wockhardt | GE Shipping | Tata Steel | Hindalco and Mahindra & Mahindra are stocks, which are in the news today.
Finance Ministry today said bulk of investment in government's stake sale in PSUs in 2012-13 fiscal came from foreign institutional investors (FIIs) and that LIC is not salvaging the disinvestment programme.
Hindustan Unilever | Mangalore Chemical | Deepak Fertilisers | Future Ventures | Tech Mahindra | Hindustan Copper | NTPC | Sadbhav Engineering | Jet Airways | Prime Securities | CCL Products | JSW Energy and JSW Steel are stocks, which are in the news today.
Hindustan Copper is the second successful disinvestment in the current fiscal. Last month the government had sold 9.33 per cent stake in MMTC to rake in Rs 568 crore.
Sensex closes down 286 points with the rupee touching 60/USD, yet again.
Hindustan Copper's offer for sale (OFS) issue has received good response from investors, oversubscribing it 1.2 times so far.
It is a weak session for the market as the Nifty fell below its 5800 level and the Sensex shed more than 300 points in afternoon trade.
Indian Oil Corporation's (IOC) offer for sale (OFS) is likely to be held next month, reports CNBC-TV18 quoting sources.
The OFS of 3.7 crore equity shares (4.01 percent stake) has opened for subscription today. The government fixed floor price for offer for sale (OFS) issue at Rs 70 apiece that is a discount of 3.6 percent to Tuesday's closing price.
Ambuja Cements | ACC | Reliance Communications | Bajaj Auto | Adani Ports | Kalindee Rail | Lakshmi Overseas | Centrum Finance| Ashoka Buildcon | Jet Airways | Hindustan Copper | IOC and Kingfisher Airlines are stocks, which are in the news today.
The EGoM has cleared 4.01 percent stake sale in Hindustan Copper Ltd (HCL). The issue will hit the market on Wednesday. The EGoM on disinvestment is headed by finance minister P Chidambaram. The government holds 94.01 percent stake in HCL.
SP Tulsian of sptulsian.com does not see much downside in Hindustan Copper. He expects the floor price for offer for sale more than Rs 65-66 per share.
Sanjeev Agarwal, CEO of Dynamix Research & Capital Management is of the view that one can exit Hindustan Copper at Rs 90.
Government holds 97.64 per cent stake in the company and the disinvestment is being done to make it complaint with Sebi norms, Finance Minister P Chidambaram said today while briefing on the CCEA decisions.