Hindustan Copper Share Price Advances As Government To Pare Stake To 66.13%

Gold Silver Reports (GSR) – Hindustan Copper Advances As Government To Pare Stake To 66.13% – Shares of the state-run copper producer rose as much as 2.9 percent to Rs 66.90 after Cabinet Committee on Economic Affairs today approved a fresh equity issue of 15 percent by Hindustan Copper Ltd. which will help the state-run company raise Rs 900.6 crore.

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Metal Index Surges To Six-Week High Led By Hindalco, Vedanta

Gold Silver Reports (GSR) – Metal Index Surges To Six-Week High Led By Hindalco, Vedanta — S&P BSE Metal Index surged as much as 4.15 percent to a 6-week high, best performer among 19 sector gauges. Aluminum and nickel led a surge in metals prices amid turmoil unleashed by U.S. sanctions against United Co. Rusal.

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