Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

State-owned copper manufacturer Hindustan Copper’s board has approved the increase of the company’s borrowing limit to Rs13,500mn ($17.89mn) from the existing Rs8,500mn ($11.26mn) through cash credit for working capital arrangements.The approval came following a board meeting held on June 1, as per the company’s filing to Bombay Stock Exchange (BSE) on Tuesday.


Hindustan Copper is an integrated copper manufacturer with five units at Rajasthan, Madhya Pradesh, Jharkhand, Maharashtra and Gujarat. 



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