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Concor’s Share Price Up 1.28%

Shares of Concor were up 1.28%.

Shares of Container Corporation of India (Concor) were up 1.28% at Rs 762.4 on the NSE at around 10:15 am on Monday. The stock closed at Rs 752.75 in the previous session. The stock benchmark Sensex rose 447.46 points to 60,240.6 around the same time.


Year-to-date, the stock has gained 2.63% over the past year, while the 30-stock index has gained 3.37%.
The stock had a 52-week high of Rs 771.4 and a 52-week low of Rs 554.1.


With 75,042 shares traded over the counter, the price-earnings ratio was 42.38, earnings per share were 17.94, and the price-book ratio was 3.81. In the Nifty50 pack, 46 stocks are traded in the green, and four stocks are traded in the red.


As of June 30, 2022, promoters held 54.8% of the company, with foreign institutional investors and mutual funds holding 23.65% and 13.1%, respectively.


For the quarter that ended on June 30, 2022, the company reported consolidated sales of Rs 2,062.5 crore, down 3.1% from Rs 2,128.56 crore in the previous quarter and down 9.9% from Rs 1,876.69 crore in the same period last year. The company reported a net profit of Rs 297.08 crore in the latest quarter.


MACD indicates that the counter is bullish. The MACD is known for signalling a trend reversal in a traded security or index. It is the difference between the 26-day and 12-day exponential moving averages. A 9-day exponential moving average, called the signal line, is drawn above the MACD to reflect “buy” or “sell” opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the security price may fall and vice versa.

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