Concor stock price down 2.36 per cent as Sensex slides

Concor stock price down 2.36 per cent as Sensex slides
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As of 30-Jun-2021, promoters held 54.8 per cent stake in the company, while FIIs held 24.94 per cent and domestic institutional investors had 9.07 per cent.

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Agarwal said the global economy is showing clear signs of recovery. The second wave of Covid-19 is ebbing in India with total active cases at less than 20 per cent of May highs.
Shares of Container Corporation of India Ltd. fell 2.36 per cent to Rs 642.75 at 01:15PM hours (IST) on Tuesday. Earlier in the day, the stock saw a gap up start to the session.

As per data available on BSE, total traded quantity on the counter stood at 27,334 shares with a turnover of Rs 1.78 crore till 01:15PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 77.56, while the price-to-book value ratio stood at 2.01.

Return on equity (ROE) was at 4.95 per cent, according to exchange data. The stock hit an intraday high of Rs 662.25 and a low of Rs 642.35 during the session and quoted a 52-week high price of Rs 748.2 and a 52-week low of Rs 351.6.

Did you Know?

Stock score of Container Corporation of India Ltd moved down by 1 in a month on a 10-point scale.

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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 526.05 on July 27, while the 50-DMA was at Rs 676.32. 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 34.71. 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-Jun-2021, promoters held 54.8 per cent stake in the company, while foreign institutional investors held 24.94 per cent and domestic institutional investors had 16.14 per cent.

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