HCL and EIL Sign Memorandum of Agreement

Building on their long-standing partnership, Hindustan Copper Limited (HCL) and Engineers India Limited (EIL) signed a Memorandum of Agreement (MeA) on June 22, 2026. To support its expansive, vertically integrated operations-spanning from mineral exploration and end-to-end mining to smelting, refining, and downstream extraction-HCL will engage EIL under this agreement for consultancy, engineering, project management, safety and integrity studies, sustainability, and advanced technical solutions focused on copper, critical minerals, and rare earth elements.

The MoA was formalized at EIL's Corporate Office in New Delhi in the presence of HCL Chairman and Managing Director Shri Sanjiv Kumar Singh, alongside EIL's management and senior officials from both organizations.

Shares of Engineers India Limited was last trading in BSE at Rs. 260.05 as compared to the previous close of Rs. 258.40. The total number of shares traded during the day was 375332 in over 6803 trades.

The stock hit an intraday high of Rs. 265.00 and intraday low of 257.50. The net turnover during the day was Rs. 98155182.00.

Shares of Hindustan Copper Limited was last trading in BSE at Rs. 500.30 as compared to the previous close of Rs. 511.30. The total number of shares traded during the day was 475067 in over 12182 trades.

The stock hit an intraday high of Rs. 511.25 and intraday low of 497.55. The net turnover during the day was Rs. 239070043.00.

Source : Equity Bulls

Keywords

EngineersIndia INE510A01028 Agreement HindustanCopper INE531E01026