Concor Share Price: Concor shares down 0.4% as Nifty gains

NEW DELHI: Shares of Container Corporation of India Ltd. traded 0.4 per cent down in Monday’s trade at 11:06AM (IST). Around 26,694 shares changed hands on the counter.

The counter opened at Rs 603.05 and touched an intraday high and low of Rs 604.45 and Rs 582.4, 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 364.7.

Total market cap of the Container Corporation of India Ltd. stood at Rs 36554.61 crore at the time of writing this report.




Key Financials

The company reported consolidated sales of Rs 1900.28 crore for the quarter ended 30-Sep-2021, up 1.26 per cent from previous quarter’s Rs 1876.69 crore and up 20.73 per cent from the year-ago quarter’s Rs 1573.97 crore.

The net profit for latest quarter stood at Rs 253.72 crore, up 37.43 per cent from the corresponding quarter last year.

Shareholding pattern

As of 30-Sep-2021, domestic institutional investors held 10.33 per cent stake in the company, while foreign institutional investors held 25.53 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 47.3 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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