Concor shares rise 1.42 per cent in Thursday’s trading session
The scrip had closed at Rs 629.5 in the previous session. The stock quoted a 52-week low of Rs 403.15 and a high of Rs 754.1. The company quoted a market-cap of Rs 38775.49 crore on the BSE.
On BSE, 10,774 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 50.17 times its trailing 12-month EPS of Rs 12.68 per share and 3.57 times its book value. The return on equity (ROE) stood at Rs 4.95.
Key Financials
For the quarter ended 30-Sep-2021, Container Corporation of India Ltd. reported consolidated sales of Rs 1900.28 crore, up 20.73 per cent from the same quarter a year ago. The company reported 37.43 per cent YoY growth in net profit at Rs 253.72 crore for the latest quarter.
Technical indicators
The relative strength index (RSI) of the stock stood at Thursday. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.
Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a “buy” or “sell” recommendation using a single valuation ratio.
For all the latest Business News Click Here
For the latest news and updates, follow us on Google News.