Concor Share Price: Concor stock price down 1.47 per cent as Sensex climbs

Shares of Container Corporation of India Ltd. fell 1.47 per cent to Rs 684.8 at 01:41PM hours (IST) on Friday. 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 60,583 shares with a turnover of Rs 4.17 crore till 01:41PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 59.29, while the price-to-book value ratio stood at 3.57.

Return on equity (ROE) was at 4.95 per cent, according to exchange data. The stock hit an intraday high of Rs 700.8 and a low of Rs 680.05 during the session and quoted a 52-week high price of Rs 754.1 and a 52-week low of Rs 355.0.



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 601.61 on October 08, while the 50-DMA was at Rs 692.26. 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 41.22. 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.

Source Link