The stock opened at Rs 685.0 and touched an intraday high and low of Rs 698.75 and Rs 684.95, respectively, in the session so far. The stock 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 42300.26 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 same quarter a year ago.
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 54.73 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.
