Container Corporation of India

Container Corporation of India Shares Declined 0.12%

Container Corporation of India Shares Declined 0.12% On 16th September 2020:

To begin with, Container Corporation of India Limited shares traded with a 0.12% loss in today’s Intraday trade. Also, until now, the company exchanged 3,86,636 lakh shares hands on the counter.

Moreover, the company shares started at Rs. 389.00 per equity share on the Bombay Stock Exchange. The stocks reached the Intraday high value of Rs. 390.10 per eq share. Similarly, the Intraday low value of Rs. 384.10 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. As per the records, the total market capitalization stood at Rs. 23,725.92 Cr.

Furthermore, in the BSE500 pack,264 stocks traded in the positive region, and the remaining 236 stocks traded in the negative region. By the ending in June 2020, the company promoters held 54.80% of its stake, FIIs held a 26.65% stake and DIIs held an 8.78% stake.

Presently, the bank shares quoted with a price-to-earnings ratio in multiples of 107.32. Similarly, the company’s price-to-book value ratio of 3.09.

Container Corporation of India shares trading with a loss of 1.95 points and reached 386.95 INR with 0.50% down. Previously, the company shares closed at 388.90 INR.

Stock Market Update: 

Stock Market September 16th: On Wednesday, both Sensex and Nifty seem to trade in a bullish trend in the stock market. The Sensex stood traded gain with 39,302.85 levels and Nifty stood traded gain with 11,599.75 levels. The Sensex raised 258.50 points with a 0.66% gain. Besides, Nifty has raised 77.95 points with a 0.68% gain.

On the other hand, the number of confirmed or coronavirus cases in India reached 50,20,359 as of September 16th, and deaths reached 82,091.

In the border market, the S&P BSE Midcap index reported a bullish trend in the stock market today. It raised 31.06 points with a 0.21% gain and reached a 15,045.80 level. The S&P BSE Smallcap index raised 67.33 points with a 0.44% gain and reached a 15,430.90 level. However, the Nifty Bank raised 107.90 points with a 0.48% gain and reached a 22,573.55 level.

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