Container Corporation of India gained 0.81% to Rs 914.95 at 10:01 IST on BSE after posting 19.9% rise in net profit to Rs 202.98 on 11.8% growth in net sales to Rs 903.59 crore in Q4 March 2008 over Q4 March 2007.
The stock hit a high of Rs 917.50 and a low of Rs 910 so far during the day. The stock had a 52-week high of Rs 1222 on
The company’s current equity is Rs 129.98 crore. Face value per share is Rs 10.
The current price of Rs 914.95 discounts its Q4 March 2008 EPS of Rs 124.93, by a PE multiple of 7.32.
Container Corporation of India (Concor)'s net profit rose 7.57% to Rs 757.09 crore on 11.40% growth in total income to Rs 3500.20 crore in FY 2008 over FY 2007
In February 2008, Concor entered into a joint venture agreement with Allcargo Global Logistics to set up a container freight station and inland container depot in UP.
In January 2008, the company recommended issue of 1:1 bonus shares. The stock recently turned ex-bonus.
Concor, a central government public sector undertaking under Ministry of Railways, is primarily engaged in container rail transportation business, inland container depot (ICD) operations, warehousing and road transportation. Concor also provides transit warehousing for Exim (export and import) cargo, bonded warehousing and provides air cargo facilities.
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