Friday, August 07
Hindustan Copper shares jumped nearly 15% over the past two sessions, climbing as much as 9.4% on Wednesday to Rs 615, after the state-owned miner disclosed that it had emerged as the preferred bidder for a new copper block in Madhya Pradesh, an announcement that reinforced investor optimism around its growth prospects amid a buoyant global metals market.The stock extended gains for a third straight day on Wednesday, Jan 28, building on a 5% rise on Tuesday that followed a weekend packed with corporate disclosures. On Friday, the shares had edged up 0.7% to close at Rs 535.55 on the BSE, up from Rs 531.80 in the previous session.New copper block In a regulatory filing on Saturday, Hindustan Copper said it had been declared the “Preferred Bidder” for the Baghwari-Khirkhori copper and as
State-run Cochin Shipyard reported an 18% decline in its December-quarter consolidated net profit at Rs 145 crore versus Rs 177 crore posted in the year ago period. Revenue from operations also rose 18% to Rs 1,350 crore in Q3FY26 compared to Rs 1,148 crore in the corresponding quarter of the last financial year. The PSU defence company also declared an interim dividend of Rs 3.50 per equity share for the financial year FY26 and has fixed Tuesday, February 3, 2026 as the record date for the interim dividend. It will pay the dividend to the shareholders on or before February 26, 2026.Among other key decisions, Cochin Shipyard board approved the proposal for forming a joint venture company with HBL Engineering Limited for the purpose of developing electric mobility technology and energy stor
Realty developer Lodha Developers has reported consolidated net profit of Rs 960 crore for the quarter ended December, up 1% from a year ago. Revenue from operations for the quarter grew 14% year-on-year to Rs 4,670 crore.After excluding land sales last year, the company’s revenue and net profit have witnessed 29% and 49% rise.The company recorded its best-ever quarterly pre-sales at Rs 5,620 crore for the quarter ended December, up 25% along with addition of five new projects with Gross Development Value (GDV) of Rs 33,800 crore, the highest ever for a single quarter.The Mumbai-based developer had already added six locations with a GDV of Rs 25,000 crore in the first half of the financial year.“For the first nine months of the year, we have recorded our highest-ever first, second, and
