Share price of Concor rises as Nifty strengthens

Share price of Concor rises as Nifty strengthens
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Synopsis

A total of 175,302 shares changed hands on the counter till 10:15AM (IST).

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India 10-year bond yield fell 0.34 per cent to 6.13 after trading in 6.13-6.16 range.
Shares of . gained 0.82 per cent to Rs 732.6 in Thursday's trade as of 10:15AM (IST).

The stock hit a high price of Rs 746.65 and low of Rs 716.3 during the session.

The return on equity (ROE) for the stock stood at 9.81 per cent. Traded volume on the counter stood at 10:15AM shares and turnover at Rs 12.84 crore around that time.

The stock of Container Corporation of India Ltd. quoted a 52-week high and 52-week low prices of Rs 766.3 and Rs 554.1, respectively.

The Beta value of the counter, 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-Jun-2022, while overseas investors held 23.65 per cent and domestic institutional investors had 16.81 per cent.

Key Financials
The company reported consolidated sales of Rs 2062.5 crore for the quarter ended 30-Jun-2022, down 3.1 per cent from previous quarter's Rs 2128.56 crore and down 9.9 per cent from the year-ago quarter's Rs 1876.69 crore.

Net profit after tax for the latest quarter stood at Rs 297.08 crore, up 14.6 per cent from the same quarter a year ago.
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