Business & Investment

Concor’s share price: Concor’s share price fell 5.87% as Nifty fell.

New Delhi: The Share of Container Corporation of India Ltd. fell 5.87% on Friday at 1:46 pm (IST). About 88,290 shares were replaced at the counter.

The counter opened at 663.8 rupees and touched the daytime highs and lows of 665.35 rupees and 620.95 rupees respectively in previous sessions. Stocks of the company of Container Corporation of India Ltd. had a high of 754.1 rupees for 52 weeks and a low of 403.15 rupees for 52 weeks.

At the time of writing this report, the Container Corporation of India Ltd. The market capitalization was 39893.55 rupees.



Major finances

The company reported that consolidated net sales for the quarter ended December 31, 2021 were Rs 1994.18, an increase of 4.94% from Rs 1900.28 in the previous quarter and an increase of 8.26% from Rs 1842.11 in the same period last year.

Net income for the latest quarter was Rs 28.461 billion, an increase of 21.49 percent over the same period last year.

Stock holding pattern

As of December 31, 2021, DII had a 45.64% stake in the company, foreign institutional investors had a 99.4% stake, and the promoter had a 219.2% stake.

Evaluation rate

according to BSE Data, the price-to-book value ratio is 48.46, and the price-to-book value ratio is 3.57. A high rate of return on stock prices indicates that investors are willing to pay higher prices as they raise expectations for future growth. The price-to-book value ratio is a measure of a company’s unique value and a price that investors are ready to pay even if the business is not growing.

Container Corporation of India Ltd. belongs to the warehousing / supply chain / road transport industry.

Concor’s share price: Concor’s share price fell 5.87% as Nifty fell.

https://economictimes.indiatimes.com/markets/stocks/stock-watch/concor-shares-down-5-87-as-nifty-drops/articleshow/89036255.cms Concor’s share price: Concor’s share price fell 5.87% as Nifty fell.

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