ManagementHindustan Copper rebounds, ends flat
The stock managed to erase all its losses and rebounded into the positive zone to touched a high of Rs 247.The scrip finally flat settled at Rs 237, up 0.42%. Around 44,483 shares were traded today as compared to 27,649 shares.
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The stock opened at Rs 240, touched a high of Rs 245 and slipped to a low of Rs 230. The scrip is now trading at Rs 232, down 2% from the previous close. Around 18,422 shares have been traded on the BSE so far. The stock has slipped 10.5% in a month"s time.
Hindustan Copper has registered a 95% decline in its net profit at Rs 3.77 crore for the fourth quarter ended March 31,2009.
The total income has also decreased to Rs 389.73 crore for the quarter as compared to Rs 468.35 crore in the previous quarter, a year ago.