Concor Share Price: Concor share price up 0.01 per cent

Shares of Container Corporation of India Ltd. traded 0.01 per cent up at Rs 699.6 at around 10:46AM (IST) on Monday. The stock had closed at Rs 699.55 in the previous session. Equity benchmark Sensex traded 34.69 points lower at 60013.78 around the same time.

The scrip has climbed 86.26 per cent in the last one year till date, while the 30-share index has gained 54.45 per cent during the same period.

The stock’s 52-week high price stood at Rs 754.1 and the 52-week low price at Rs 351.6.

Trading volume on the counter stood at 18,076 shares, while it quoted a price-to-earnings ratio of 60.72, an EPS value of 11.55 and a price-to-book value of 3.57. In the Nifty50 pack, 21 stocks traded in the green, while 28 stocks were in the red.

Promoter/FII Holding
Promoters held 54.8 per cent stake in the company as of 30-Jun-2021, while overseas investor and MF ownership stood at 24.94 per cent and 9.07 per cent, respectively.

Key Financials
For the quarter ended 30-Jun-2021, the company reported consolidated sales of Rs 1876.69 crore, down 7.55 per cent from the previous quarter’s Rs 2029.91 crore and down 49.96 per cent from the year-ago quarter’s Rs 1251.5 crore. The company reported net profit of Rs 259.23 crore for the latest quarter.

Technical Indicators

The MACD signalled a bearish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect “buy” or “sell” opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.

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