Concor Share Price: Shares of Concor fall as Nifty gains

Shares of Container Corporation of India Ltd. slipped 1.75 per cent to Rs 668.5 in Monday’s trade as of 11:22AM (IST). It hit a high of Rs 687.0 and low of Rs 663.45 during the session.

The stock quoted a 52-week high price of Rs 754.1 and a low of Rs 364.7. The return on equity for the stock stood at 4.95 per cent. About 58,101 shares have changed hands on the counter so far.

The stock’s beta value, which measures its volatility in relation to the broader market, stood at 0.88.



The scrip has been an outperformer, up 73.73 per cent in the past one year in comparison with a 50.33 per cent gain in Sensex.

Technicals

On the technical charts, the 200-day moving average (DMA) of the stock stood at Rs 364.7 on October 25, while the 50-DMA was at Rs 693.39. If a stock trades well above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades well below 50-DMA and 200-DMA both, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.

Promoter/FII Holding

Promoters held 54.8 per cent stake in Container Corporation of India Ltd. as of 30-Sep-2021. Mutual funds and foreign institutional investors held 10.33 per cent and 25.53 per cent stake.

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