The return on equity (ROE) for the stock stood at 4.95 per cent. Traded volume on the counter stood at 01:05PM shares and turnover at Rs 1.01 crore around that time. The stock of Container Corporation of India Ltd. quoted a 52-week high price of Rs 754.1 and 52-week low prices of Rs 364.7, respectively.
The stock’s Beta value, which measures its volatility in relation to the broader market, stood at 0.88.
Promotor/FII Holding
Promoters held 54.8 per cent stake in the company as of 30-Sep-2021, while FIIs held 25.53 per cent and domestic institutional investors had 10.33 per cent.
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. Net profit after tax for the latest quarter stood at Rs 253.72 crore, up 37.43 per cent from the same quarter a year ago.
Technicals
The MACD signalled a bearish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices.
It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on topof the MACD to reflect “buy” or “sell” opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.
