Finace And Stock

Share price of Concor falls as Sensex drops 254.35 points

Share price of Container Corporation of India Ltd. dropped 1.12 per cent to Rs 701.0 at 01:41PM (IST) in Wednesday’s trade. The stock hit a high of Rs 713.2 and low of Rs 697.9 so far during the session. The stock had closed at Rs 708.95 in the previous session.

The counter had a total traded volume of 01:41PM shares so far with a turnover of Rs 1.17 crore on BSE. The stock traded at a price-to-earnings multiple of 60.73 and a price-to-book ratio of 3.57.

A higher P/E ratio shows 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 is the measure of the price that investors are ready to pay even for no growth in the business.

Container Corporation of India Ltd. belongs to the Warehousing/Supply Chain/Road Transport industry.

Promotor/FII Holding

Promoters held 54.8 per cent stake in the company as of 30-Jun-2021, while overseas investors and domestic institutional investors ownership stood at 24.94 per cent and 16.14 per cent, respectively.

Key Financials

The firm 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 profit for the latest quarter stood at Rs 259.23 crore, up 327.7 per cent from the same quarter a year ago.

Source link

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button

Adblock Detected

Please Disable the Adblocker