Container Corporation Of India Ltd.

BSE: 531344 | NSE: CONCOR
Mid Cap | Logistics
519.75
0.20 (0.04%)
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CONCOR rises on expectation to garner Rs 7,000 crore revenues for FY19

Date: 18-04-2019

Container Corporation of India is currently trading at Rs. 515.00, up by 2.35 points or 0.46% from its previous closing of Rs. 512.65 on the BSE.

The scrip opened at Rs. 514.75 and has touched a high and low of Rs. 515.70 and Rs. 508.75 respectively. So far 6911 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 568.80 on 08-May-2018 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. 529.55 and Rs. 508.05 respectively. The current market cap of the company is Rs. 31235.47 crore.

The promoters holding in the company stood at 54.80%, while Institutions and Non-Institutions held 40.48% and 4.72% respectively.

Container Corporation of India (CONCOR) is expecting to garner Rs 7,000 crore revenues for the fiscal 2018-19, and become a billion dollar company. The company reported Rs 6,167 crore revenues during 2017-18 financial year.

The financial results for the fourth quarter of FY19 are yet to be announced by the company.

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.