Container Corporation soars on reporting 21% rise in Q3 net profit

12 Feb 2015

Container Corporation of India is currently trading at Rs. 1444.65, up by 30.40 points or 2.15% from its previous closing of Rs. 1414.25 on the BSE.

The scrip opened at Rs. 1441.05 and has touched a high and low of Rs. 1462.00 and Rs. 1441.05 respectively. So far 4020 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1539.00 on 26-Nov-2014 and a 52 week low of Rs. 700.20 on 14-Feb-2014.

Last one week high and low of the scrip stood at Rs. 1462.00 and Rs. 1334.40 respectively. The current market cap of the company is Rs. 27574.22 crore.

The promoters holding in the company stood at 61.80% while Institutions and Non-Institutions held 32.80% and 5.40% respectively.

Container Corporation of India has reported a rise of 20.64% in its net profit at Rs 301.08 crore for the quarter under review as compared to Rs 249.57 crore for the same quarter in the previous year. The total income of the company increased 15.73% at Rs 1537.01 crore for Q3FY15 as compared Rs 1328.05 crore for the corresponding quarter previous year.

Container Corporation of India was established in 1988 and works mainly in three verticals -- cargo terminal, terminal operator and warehouse operator.


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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323