Concor Stock Price: Share price of Concor jumps as Sensex gains 174.73 points

Share price of Container Corporation of India Ltd. gained 0.65 per cent to Rs 569.1 at 12:35PM (IST) in Tuesday’s trade. The stock hit a high of Rs 575.45 and low of Rs 561.55 so far during the session. The stock had closed at Rs 565.45 in the previous session.

The counter had a total traded volume of 12:35PM shares so far with a turnover of Rs 3.43 crore on BSE. The stock traded at a price-to-earnings multiple of 43.66 and a price-to-book ratio of 2.01.

A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.

The price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

Container Corporation of India Ltd. belongs to the Warehousing/Supply Chain/Road Transport industry.

Promotor/FII Holding

Promoters held 54.8 per cent stake in the company as of 31-Dec-2020, while foreign investors and domestic institutional investors ownership stood at 23.26 per cent and 16.53 per cent, respectively.

Key Financials

The company reported consolidated net sales of Rs 1842.11 crore for the quarter ended 31-Dec-2020, up 17.04 per cent from the previous quarter’s Rs 1573.97 crore and up 14.39 per cent from the year-ago quarter’s Rs 1610.34 crore.

Its profit for the latest quarter stood at Rs 234.27 crore, up 29.51 per cent from the same quarter a year ago.

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