The stock opened at Rs 695.8 and touched an intraday high and low of Rs 702.25 and Rs 684.0, respectively, in the session so far. The stock of Container Corporation of India Ltd. quoted a 52-week high of Rs 702.25 and a 52-week low of Rs 351.6.
As per BSE, the total market cap of the Container Corporation of India Ltd. stood at Rs 42056.54 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 2029.91 crore for the quarter ended 31-Mar-2021, up 10.19 per cent from previous quarter’s Rs 1842.11 crore and up 22.34 per cent from the year-ago quarter’s Rs 1659.28 crore.
The net profit for latest quarter stood at Rs 25.64 crore, down 91.77 per cent from the corresponding quarter last year.
Shareholding pattern
As of 31-Mar-2021, domestic institutional investors held 8.02 per cent stake in the firm, while foreign institutional investors held 24.0 per cent and the promoters 54.8 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 83.26 and a price-to-book ratio of 2.01. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. 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.
