Business & Investment

Concor Shares: Concor Shares Rise 0.78% As Sensex Rise

At 12:08 pm (IST) on Thursday, the stock price of Container Corporation of India Ltd. rose 0.78% to 636.3 rupees. Earlier that day, stocks saw a gap in the start of the session.

According to the available data BSEThe total trading volume at the counter was 23,455 shares, and sales by 12:08 PM (IST) were 1.48 rupees. The price-earnings ratio (P / E) was traded in multiples of 50.1, but the price-to-book value ratio was 3.57.

According to the exchange data, the return on equity (ROE) was 4.95%. Shares reached a daytime high of 638.55 rupees and a low of 631.65 rupees during the session, with a 52-week high of 754.1 rupees and a 52-week low of 364.7 rupees.

The beta value of the stock, which measures its volatility in relation to the wider market, was 0.88.

Technical indicators

The 200-DMA (daily moving average) of the stock price on December 2 was 643.7 rupees, while the 50-DMA was 674.69 rupees. If a stock is trading above 50-DMA and 200-DMA, it usually means that the immediate trend is on the rise. On the other hand, if the stock is trading below 50-DMA and 200-DMA, it is considered a bearish trend. When trading between 50-DMA and 200-DMA, it indicates that inventory can move in either direction.

The Relative Strength Index (RSI) was 43.78. The RSI varies between 0 and 100. Traditionally, an RSI value above 70 is considered overbought and below 30 is considered oversold.

Promoter held

As of September 30, 2021, the promoter had a 54.8% stake in the company, foreign institutional investors had a 25.53% stake, and domestic institutional investors had a 15.51% stake.

Concor Shares: Concor Shares Rise 0.78% As Sensex Rise Concor Shares: Concor Shares Rise 0.78% As Sensex Rise

Back to top button