concor share price: Concor stock price down 2.36 per cent as Sensex slides

Shares of Container Corporation of India Ltd. fell 2.36 per cent to Rs 642.75 at 01:15PM hours (IST) on Tuesday. Earlier in the day, the stock saw a gap up start to the session.

As per data available on BSE, total traded quantity on the counter stood at 27,334 shares with a turnover of Rs 1.78 crore till 01:15PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 77.56, while the price-to-book value ratio stood at 2.01.

Return on equity (ROE) was at 4.95 per cent, according to exchange data. The stock hit an intraday high of Rs 662.25 and a low of Rs 642.35 during the session and quoted a 52-week high price of Rs 748.2 and a 52-week low of Rs 351.6.

The stock’s beta value, which measures its volatility in relation to the broader market, stood at 0.88.

Technical Indicators

The 200-DMA (day moving average) of the stock stood at Rs 526.05 on July 27, while the 50-DMA was at Rs 676.32. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

The Relative Strength Index (RSI) of the stood at 34.71. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.

Promoter holding

As of 30-Jun-2021, promoters held 54.8 per cent stake in the company, while foreign institutional investors held 24.94 per cent and domestic institutional investors had 16.14 per cent.

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