Hot Pursuit     18-Feb-16
Concor drops on profit booking
Container Corporation of India lost 3.12% to Rs 1,139.50 at 15:19 IST on BSE on profit booking after gaining 8.63% in the preceding three trading sessions to settle at Rs 1176.20 on 17 February 2016, from it close of Rs 1,082.70 on 12 February 2016.

Meanwhile, the S&P BSE Sensex was up 265.95 points or 1.14% at 23647.69

On BSE, so far 1.45 lakh shares were traded in the counter as against average daily volume of 14,037 shares in the past one quarter. The stock hit a high of Rs 1,192.25 and a low of Rs 1,137.65 so far during the day. The stock had hit a 52-week low of Rs 1,050.85 on 12 February 2016. The stock had hit a record high of Rs 1,944 on 1 June 2015.

The large-cap company has equity capital of Rs 194.97 crore. Face value per share is Rs 10.

Container Corporation of India (Concor)'s net profit fell 31.5% to Rs 206.12 crore on 3.3% decline in total income to Rs 1485.86 crore in Q3 December 2015 over Q3 December 2014.

Container Corporation of India (Concor) provides logistics solution. It has the largest network of inland container depots (ICDs)/container freight stations in India. In addition to providing inland transport by rail for containers, it has also expanded to cover management of ports, air cargo complexes and establishing cold-chain. The Government of India (GoI) holds 61.79% stake in Concor (as per the shareholding pattern as on 31 December 2015).

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