CONCOR surges on signing MoU with Schenker India
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Container Corporation Of India is currently trading at Rs. 875.70, up by 15.75 points or 1.83% from its previous closing of Rs. 859.95 on the BSE.
The scrip opened at Rs. 868.90 and has touched a high and low of Rs. 875.70 and Rs. 863.05 respectively. So far 5586 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 879.25 on 14-Dec-2023 and a 52 week low of Rs. 555.00 on 29-Mar-2023.
Last one week high and low of the scrip stood at Rs. 879.25 and Rs. 800.00 respectively. The current market cap of the company is Rs. 53057.35 crore.
The promoters holding in the company stood at 54.80%, while Institutions and Non-Institutions held 42.28% and 2.92% respectively.
Container Corporation of India (CONCOR) has signed Memorandum of Understanding (MoU) with Schenker India (DB Schenker) on December 19, 2023 at New Delhi to collaborate for EXIM & Domestic Business. This MoU underscores the commitment of both organizations to contribute to sustainable supply chain practices in the logistics industry.
CONCOR's core business is characterised by three distinct activities, that of a carrier, a terminal operator, and a warehouse operator.
