Concor Share Price: Concor shares down 1.25% as Nifty gains

NEW DELHI: Shares of Container Corporation of India Ltd. traded 1.25 per cent down in Thursday’s trade at 12:29PM (IST). Around 55,320 shares changed hands on the counter.

The scrip opened at Rs 692.0 and touched an intraday high and low of Rs 696.0 and Rs 680.2, respectively, in the session so far. Shares of the company of Container Corporation of India Ltd. quoted a 52-week high of Rs 754.1 and a 52-week low of Rs 355.0.

Total market cap of the Container Corporation of India Ltd. stood at Rs 41526.46 crore at the time of writing this report.




Key Financials

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

The net profit for latest quarter stood at Rs 259.23 crore, up 327.7 per cent from the corresponding quarter last year.

Shareholding pattern

As of 30-Jun-2021, domestic institutional investors held 9.07 per cent stake in the company, while foreign institutional investors held 24.94 per cent and the promoters 54.8 per cent.

Valuation ratio

According to BSE data, the stock traded at a P/E multiple of 59.01 and a price-to-book ratio of 3.57. 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.

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