Concor shares gain 0.58% as Sensex rises

Concor shares gain 0.58% as Sensex rises
ETMarkets.com
Share
Font Size
Save
Comment
Synopsis

The stock quoted a 52-week high of Rs 748.2 and a 52-week low of Rs 351.6.

Getty Images
The Dow Jones Industrial Average finished up 1,048.86 points, or 5.20 per cent, to 21,237.38 on Tuesday. The S&P500 index increased 143.06 points, or 6.00 per cent, to 2,529.19.
Shares of Container Corporation of India Ltd. traded 0.58 per cent higher in Friday's session at 12:34PM (IST). The stock opened at Rs 702.0 and has touched an intraday high and low of Rs 704.75 and Rs 694.0, respectively, during the session so far.

The stock quoted a 52-week high of Rs 748.2 and a 52-week low of 351.6. About 46,929 shares changed hands on the counter so far.

Benchmark Nifty50 was up 45.05 points at 15835.50, while the BSE Sensex traded 126.68 points higher at 52825.68 at the time of writing of this report.

Did you Know?

Stock score of Container Corporation of India Ltd moved down by 2 in 3 months on a 10-point scale.

View Latest Stock Report »

In the Nifty pack, 36 stocks traded the day in the green, while 14 were in the red.


Key Financials
For the quarter ended 31-Mar-2021, the company reported consolidated sales of Rs 2029.91 crore, up 10.19 per cent from the previous quarter's Rs 1842.11 crore and up 22.34 per cent from the year-ago quarter. The company reported net profit of Rs 25.64 crore for the latest quarter.

Promoter Holdings
Promoters held 54.8 per cent stake in the company as of 31-Mar-2021, while FIIs held 24.0 per cent and MFs 8.02 per cent.

Technicals
On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 494.48 on June 25, while the 50-DMA was at Rs 631.1. 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 well below 50-DMA and 200-DMA both, it is considered as bearish trend and if trades between these averages, then it suggests the stock can go either way.

Read More News on

(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

Download The Economic Times News App to get Daily Market Updates & Live Business News.

ETPrime stories of the day

Read before you invest. Insights on Container Corporation of India Ltd.. Explore Now