The counter had a total traded volume of 01:24PM shares so far with a turnover of Rs 3.95 crore on BSE. The stock traded at a price-to-earnings multiple of 51.26 and a price-to-book ratio of 3.57.
A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Container Corporation of India Ltd. belongs to the Warehousing/Supply Chain/Road Transport industry.
Promotor/FII Holding
Promoters held 54.8 per cent stake in the company as of 31-Dec-2021, while foreign investors and domestic institutional investors ownership stood at 24.85 per cent and 15.59 per cent, respectively.
Key Financials
The firm reported consolidated net sales of Rs 1994.18 crore for the quarter ended 31-Dec-2021, up 4.94 per cent from the previous quarter’s Rs 1900.28 crore and up 8.26 per cent from the year-ago quarter’s Rs 1842.11 crore.
Its profit for the latest quarter stood at Rs 284.61 crore, up 21.49 per cent from the same quarter a year ago.
Stay connected with us on social media platform for instant update click here to join our Twitter, & Facebook
We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.
For all the latest Business News Click Here
For the latest news and updates, follow us on Google News.