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    Concor shares up 0.53% as Nifty gains

    Synopsis

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

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    Nifty moved in a tight range of 82 points, and ended slightly below the psychologically crucial level of 15,700.
    Shares of Container Corporation of India Ltd. rose 0.53 per cent to Rs 695.35 in Tuesday's trade. It hit an intraday high of Rs 703.95 and low of Rs 691.15, respectively, during the day.

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

    As of 10:36AM (IST), the counter saw total traded volume of 96,217 shares with a traded value of Rs 6.71 crore, according to NSE.

    Did you Know?

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

    View Latest Stock Report »

    The stock had closed at Rs 691.65 in the previous session.

    The scrip has advanced 2.27 per cent in the past one month till date, while the benchmark BSE Sensex has gained 1.01 per cent during the same period.

    According to exchange data, the stock traded at a price-to-earnings (P/E) multiple of 60.17 while price-to-book ratio stood at 2.01. A higher P/E ratio shows that investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations. The price-to-book value indicates the inherent value of a company and it reflects the price investors are ready to pay even for no growth in a business.

    The stock belongs to the Warehousing/Supply Chain/Road Transport industry.

    Promoter/FII Holding
    Promoters held 54.8 per cent stake in the company as of 30-Jun-2021, while FII and MF ownership in the firm stood at 24.94 per cent and 9.07 per cent, respectively.

    Key Financials
    The company reported consolidated sales of Rs 1876.69 crore for the quarter ended 30-Jun-2021, down 7.55 per cent from the previous quarter's Rs 2029.91 crore and down 49.96 per cent from the year-ago quarter's Rs 1251.5 crore. Its net profit for the latest quarter stood at Rs 259.23 crore, up 327.7 per cent from the same quarter a year ago.
    (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.)

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