Concor Share Price: Concor stock price down 0.72 per cent as Sensex climbs

Shares of Container Corporation of India Ltd. fell 0.72 per cent to Rs 680.05 at 12:19PM hours (IST) on Tuesday. Earlier in the day, the stock saw a start to the session.

As per data available on BSE, total traded quantity on the counter stood at 33,663 shares with a turnover of Rs 2.3 crore till 12:19PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 58.89, 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 690.85 and a low of Rs 679.1 during the session and quoted a 52-week high price of Rs 754.1 and a 52-week low of Rs 364.7.



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 610.46 on October 19, while the 50-DMA was at Rs 693.46. 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 41.54. 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-Sep-2021, promoters held 54.8 per cent stake in the company, while FIIs held 25.53 per cent and domestic institutional investors had 15.51 per cent.

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