Concor declines 0.68% as Sensex climbs

Shares of Container Corporation of India Ltd. traded at Rs 740.45 on BSE at 12:38PM (IST) on Friday, down 0.68 per cent from previous close.

The stock quoted a 52-week low price of Rs 554.1 and a high of Rs 781.95.

Earlier, shares of the company saw a gap up opening in the morning.

A total of 24,604 lakh shares changed hands on the counter till 12:38PM (IST).

The stock of Container Corporation of India Ltd. commanded a market value of Rs 45462.5 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 41.6, while the price-to-book value ratio stood at 3.81. Return on equity (ROE) was at 9.81 per cent, according to exchange data.

In the BSE500 pack, 211 stocks traded in the green, while 290 stocks were in the red.

The stock's beta value, which measures volatility in relation to the broader market, stood at 0.88.

Promotor/FII Holding
Promoters held 54.8 per cent in Container Corporation of India Ltd. as of 30-Jun-2022 while overseas and domestic institutional investors owned 23.65 per cent and 13.1 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 657.32 on October 21, while the 50-DMA was at 712.47. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.