CONCOR profits on the bourses

CONCOR profits on the bourses

by admin- Friday, May 10th, 2019 03:45:12 PM

Container Corporation of India is presently trading at Rs. 476.95, up by 2.75 points or zero.Fifty eight% from its previous closing of Rs. 474.20 on the BSE.

The scrip opened at Rs. 475.00 and has touched a excessive and coffee of Rs. 478.20 and Rs. 474.85 respectively. So a ways 367 shares had been traded at the counter.

The BSE group ‘A’ inventory of face fee Rs. Five has touched a 52 week high of Rs. 568.38 on 17-May-2018 and a fifty two week low of Rs. 433.Sixteen on 25-Oct-2018.

Last one week excessive and coffee of the scrip stood at Rs. 515.Eighty five and Rs. 470.05 respectively. The present day marketplace cap of the corporation is Rs. 28892.74 crore.

The promoters preserving inside the corporation stood at 54.Eighty%, at the same time as Institutions and Non-Institutions held forty.Sixty six% and four.Fifty four% respectively.

Container Corporation of India (CONCOR) will pump in up to Rs eight,000 crore within the subsequent 5 years to broaden dry ports and distribution logistics centres across the usa.

The enterprise is developing with 20 distribution logistics centres and one hundred dry ports. It is already operating 83 (dry ports) and it’ll make it 100. The 20 distribution logistics centres might be linked to a hundred (dry ports).

CONCOR is a Public Sector Undertaking, below Ministry of Indian Railways which turned into incorporated in March 1988 under the Companies Act, and started operation from November 1989 taking up the prevailing community of seven ICDs from the Indian Railways.

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