Archive · 2 Jun 2025
Hindustan Copper to Raise Funds; Zinc Wins Tungsten Block
Hindustan Copper plans to raise ₹500 crore by selling bonds after a board meeting on May 27.
Hindustan Zinc won the rights to mine for tungsten and other minerals in Andhra Pradesh.
Hindustan Copper's Q4 profit decreased by 6%, while EBITDA surged.Hindustan Zinc's net profit for the fourth quarter increased by 47%.
Hindustan Copper will consider issuing bonds worth up to ₹500 crore.
Hindustan Zinc won the bid for a tungsten block in Andhra Pradesh.
Hindustan Copper's board meeting is scheduled for May 27.
Hindustan Copper's bottom line declined by 6% in the March quarter.
Hindustan Zinc's net profit for the fourth quarter grew by 47%.
- Who
- Hindustan Copper Ltd and Hindustan Zinc Limited
- What
- Hindustan Copper to consider ₹500-crore bond issue and Hindustan Zinc won bid for tungsten block.
- When
- May 2024
- Where
- India
- Why
- Hindustan Copper to raise funds and Hindustan Zinc to enhance access to strategic minerals.
- Hindustan Copper Bond Issue
- ₹500 crore
- Hindustan Copper Board Meeting Date
- May 27
- Balepalyam Block Size
- 308.3 hectares
- Balepalyam Block Location
- Ananthapuram district, Andhra Pradesh
- Balepalyam Block Resources
- Tungsten and associated minerals
Sources
Neyveli Lignite Corporation clocks record profit, coal-lignite production in 2024-25
Hindalco posts record Rs 16,002 crore profit in FY25; Q4 net profit surges 66% to Rs 5,284 crore
NHPC Limited Q4 profit rises 52% in Q4 to ₹919 crore; FY25 profit slips 15%
NHPC Share Price: PSU stock under Rs 90 gains nearly 3% as profit grows 52% - Details
PFC Dividend 2025: PSU announces dividend along with Q4 results, check record date and other details
Hindustan Copper board to consider ₹500-crore bond issue on May 27
