SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Concor surges on the buzz of forming a consortium to bid for development of Colombo Container Terminal

10 Oct 2016 Evaluate

Container Corporation of India (Concor) is currently trading at Rs. 1400.00, up by 5.60 points or 0.40% from its previous closing of Rs. 1394.40 on the BSE.

The scrip opened at Rs. 1397.05 and has touched a high and low of Rs. 1400.75 and Rs. 1393.95 respectively. So far 928 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1570.60 on 12-Oct-2015 and a 52 week low of Rs. 1050.85 on 12-Feb-2016.

Last one week high and low of the scrip stood at Rs. 1421.20 and Rs. 1365.00 respectively. The current market cap of the company is Rs. 27237.89 crore.

The promoters holding in the company stood at 56.79%, while institutions and non-institutions held 40.03% and 3.17% respectively.

Concor has reportedly formed a consortium with APM Terminals B.V., John Keells Holdings and Maersk Line in order to bid for the development of East Container Terminal in Colombo. The total project value is likely to be about $550-600 million. The Colombo Port currently has four container terminals.

In 2008, a new harbour basin, the Colombo South Harbour was developed to accommodate deep draft vessels and the Sri Lanka Ports Authority (SLPA) decided to develop four new terminals, each with a capacity of 2.4 million TEU’s (twenty-foot container equivalent unit - a measure used in container shipping) to cater to increasing demand.

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

Container Corp Share Price

517.70 1.35 (0.26%)
05-May-2026 16:59 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×