Container Corporation of India shares plunged by 15%

Container Corporation of India shares plunged by 15%

Container Corporation of India shares plunged by 15%

New Delhi: To begin with, the shares of Container Corporation of India Limited plunged by 15.80% in the session today. Nearly, 6,42,571 shares exchanged hands on the counter.

Significantly, the shares of the company quoted at the 52-week high value of Rs. 665.05. It also quoted a 52-week low value of Rs. 263.20 in the trade. The stock commands a market value of Rs. 23,436.51 crores.

Besides, as of June 2020, the promoters of the company held 54.80% of its stake. Likewise, the FIIs held a 26.65% stake and DIIs held an 8.78% stake.

Moreover, the shares of the company traded at a price-to-earnings multiple of 57.94. So then, the price-to-book ratio stood at 2.31. Also, the return on equity stood at 4.02%. 

August 10th Stock Market Details:

On August 10th, both the Sensex and the Nifty traded at a bullish trend in the stock market. The Sensex gained 277.48 points and reached 38,319.15 levels with a 0.73% profit. On the other side, the Nifty gained 90.20 points and reached 11,304.40 levels with a 0.81% profit.

In the border market, the S&P BSE Midcap index gained 213.47 points with a 1.50% profit and reached 14,431.85 levels. Also, the S&P BSE Smallcap index gained 179.29 points with a 1.31% profit and reached a 13,848.17 level.

Besides, as of August 10th, the number of confirmed COVID-19 cases across India has reached 22,15,074. Also, the number of deaths in the country has reached 44,386.

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