NSE: CONCOR Share Price Financial Analysis & Valuation

Container Corporation of India Ltd. is a government-owned enterprise which is categorized as Public Sector Undertaking (PSU) or a Public Sector Enterprise.

Container Corporation of India Ltd. is a Good Quality Stock as it is listed in as TOP 50 Quality Picks by NSE. CONCOR is having very good return on equity (ROE), financial leverage (Debt/Equity Ratio) and earning (EPS) growth variability analysed during the previous 5 years.

Container Corporation of India Ltd. is also traded in Future & Options (Derivative segment of NSE).

In the past 1 year, Container Corporation of India Ltd. has declared an equity dividend of Rs 11 per share. At the current share price of CONCOR at Rs 1092.85, this results in a dividend yield of 1.01 %.

As per the Fundamental Analysis of NSE:CONCOR, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine CONCOR underlying value and future prospects. All of this data is available in CONCOR financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:CONCOR, it is clearly understood that CONCOR is Economical performer in terms of earnings and profit margins with an EPS of 19.94. NSE:CONCOR book value per share as of today is 184.56. The current price to book ratio for CONCOR as of May 17, 2024 is 5.92.

Valuation of the Stock: The current valuation of CONCOR stock is like Diamond which means currently the stock is Very Expensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of CONCOR whether to BUY this stock at current valuation. The delivery percentage of CONCOR is 41.64% is very crucial parameter which shows that 41.64% investors are anticipating that the price of CONCOR share should go up with VWAP at 1067.24.

Now, the main question is whether to BUY or SELL, NSE:CONCOR at current valuation.
As per latest Analysis No. #2396:-

⇑ STRONG BUY CONCOR if All Greens

⇗ BUY CONCOR (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD CONCOR (With Stop Loss) if only 1 Green

⇘ SELL CONCOR if NO Green Indicator

NSE: CONCOR Share Price Today (May 17, 2024)

(Container Corporation of India Ltd. Daily Analysis on the basis of CONCOR Intraday Graph & Trend)

Container Corporation of India Ltd. share price moved Up by 5.45% from its previous close of Rs 1036.4. CONCOR stock last traded price is 1092.85. CONCOR share price trend is Up with a total of 11254495 stocks traded till now. It has touched an intraday high of Rs 1116.05 and an intraday low of Rs 998.65. The CONCOR trading at 1092.85, Up by Rs. 56.45, or 5.45 percent which suggests that most of the Traders are anticipating that the price of CONCOR share should go Up.

NSE: CONCOR Share Price Tomorrow Prediction

(Container Corporation of India Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of CONCOR)

Container Corporation of India Ltd. share price moved Up by 5.45%. CONCOR share price short term trend is Up. It suggests that CONCOR Share Price for Tomorrow remains the same with VWAP at 1067.24 will be treated as stop loss for intraday traders. Container Corporation of India Ltd. Long term investors can follow the CONCOR long term trend as mentiond in future forecast table.

NSE:CONCOR News & Other Useful Information about CONCOR Share Price

Peer Comparison of NSE: CONCOR

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Transport & Logistics