/ Ways2Capital : CONCOR To Consider Bonus Issue, Stock Soars Over 6% ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Monday, 6 February 2017

Container Corporation of India, popularly abbreviated as CONCOR is having a good day on the bourses. The stock of the company has gained over 6% on the news that the board of directors will be meeting on February 13, 2017 to consider a bonus issue.

In the last one year, the stock has surged by 9.22%, and is currently trading with a P/E of 34.49. Ten mutual fund houses have invested in the stock of the company, of which ICICI Prudential Mutual Fund is the topmost one.

Meanwhile, the BSE Sensex is trading strong and while filing the report is trading with a gain of over 190 points. Container Corporation Of India Ltd is currently trading at Rs 1272.35, up by Rs 59 or 4.86% from its previous closing of Rs 1213.35 on the BSE.

The scrip opened at Rs 1220 and has touched a high and low of Rs 1298.95 and Rs 1207.95 respectively. So far 1159657(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 23656.68 crore.

The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 1544 on 02-Aug-2016 and a 52 week low of Rs 1050.85 on 12-Feb-2016. Last one week high and low of the scrip stood at Rs 1217.9 and Rs 1140 respectively.

The promoters holding in the company stood at 56.75 % while Institutions and Non-Institutions held 39.99 % and 3.26 % respectively. The stock is currently trading above its 200 DMA.

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