CONCOR rises on inking pact with BHEL

10 Jul 2019

Container Corporation of India is currently trading at Rs. 553.00, up by 4.65 points or 0.85% from its previous closing of Rs. 548.35 on the BSE.

The scrip opened at Rs. 552.60 and has touched a high and low of Rs. 559.10 and Rs. 551.80 respectively. So far 5943 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 582.80 on 02-Jul-2019 and a 52 week low of Rs. 433.16 on 25-Oct-2018.

Last one week high and low of the scrip stood at Rs. 580.35 and Rs. 518.35 respectively. The current market cap of the company is Rs. 33648.28 crore.

The promoters holding in the company stood at 54.80%, while Institutions and Non-Institutions held 40.66% and 4.54% respectively.

Container Corporation of India (CONCOR) and Bharat Heavy Electricals (BHEL) have entered into an agreement to set up rail-based logistics terminal in Haridwar in the state of Uttarakhand. This would be BHEL's strategic entry into a new growth area, and this terminal would soon be developed into a multi-modal logistics facility.

CONCOR is a Public Sector Undertaking, under Ministry of Indian Railways which was incorporated in March 1988 under the Companies Act, and commenced operation from November 1989 taking over the existing network of 7 ICDs from the Indian Railways.

Related Container Corporation Of India Ltd. Links:

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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