Container Corporation of India Ltd.

Container Corporation of India Ltd. Shares Fall Over 1%

Container Corporation of India Ltd. Shares Fall Over 1%, After Q4 Result:

To begin with, Container Corporation of India Ltd. shares traded with a 1.78% down in today’s Intraday trade. As per the records, the total market capitalization stood at Rs. 2.09 cr.

Moreover, the company shares started at Rs. 410.35 per equity share on the National Stock Exchange. The stocks reached the Intraday high value of Rs. 424.00 per eq share. Similarly, the Intraday low value of Rs. 402.70 per share.

According to the source, the company reached its 52-week highest value of Rs. 665.05. Also, it reached the 52-week lowest value of Rs. 263.20. 

On 31st March 2020, Container Corporation announced its consolidated sales worth Rs. 1,584.31 cr. Comparatively, the company sales raised by 2.56% from its last quarter sales of Rs. 1,544.74 cr. Also, its sales raised by 14.34% from last year’s sales of Rs. 1,849.54 cr.

Furthermore, the net profit of Rs. 311.52 cr declined by 13.67% from the same quarter a year ago. By the ending in March 2020, the company promoters held 54.80% of its stake, FIIs held a 26.84% stake and DIIs held an 8.58% stake.

Stock Market Update: 

Stock Market July 1st: On Wednesday, both Sensex and Nifty seem to trade in a bullish trend in the stock market. The Sensex stood traded gain with 35,414.45 levels and Nifty stood traded gain with 10,430.05 levels. The Sensex raised 498.65 points with a 1.43% gain. Besides, Nifty has raised 127.95 points with a 1.24% gain.

On the other hand, the number of confirmed or coronavirus cases in India reached 5,85,792 as of July 1st, and deaths reached 17,410.

In the border market, the S&P BSE Midcap index reported a bullish trend in the stock market today. It raised 23.18 points with a 0.18% gain and reached a 13,078.46  level. The S&P BSE Smallcap index raised 47.90 points with a 0.39% gain and reached a 12,428.65 level. However, the Nifty Bank raised 607.45 points with a 2.84% gain and reached a 21,977.60 level. 

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