PSU Stock To Consider Dividend, Financial Results Next Month; Gains 13% In 2-Weeks

Leading navratna company operating in logistics sector, Container Corporation of India shares hit 5th consecutive 52-week high in trade on Friday. Last trading price of Container Corporation of India share on BSE is Rs 842.65 per share with intraday gain of 0.09%. The board of directors of the company are scheduled to hold a meeting on January 24, 2023 to consider 3rd interim dividend and approve unaudited financial results for the period ended December 31, 2023. Check details below:

Container Corporation of India To Meet On Jan 24 For Interim Dividend, Results: According to the BSE filing of the company issued today, "meeting of the Board of Directors of CONCOR is scheduled to be held on Wednesday, 24th January, 2024 to consider inter alia the (i) approval of unaudited Financial Results for the quarter and period ended on 31st December, 2023; and (ii) declaration of 3rd Interim Dividend for 2023-24, if any, to the shareholders."

Container Corporation Stock Performance & Return: Current market price of CONCOR share is Rs 839.85 per share on BSE with intraday fall of 0.24%. Its 52-week high price is Rs 859.75 apiece and 52-week low price is Rs 555.00 per share, respectively. Its market capitalisation is Rs 51,171.59 crore. Container Corporation shares gained 25% in past 6-months, soared 7% in last 1-year, gained 33% in last 2-years, and jumped 107% in last 3-years. In last 5-years, CONCOR stock offered return of 59%.

Container Corporation Financials: CONCOR reported its Q2 revenue from operations soared 10.5% year-on-year (YoY) to Rs 2,194.87 crore as against Rs 1986.34 crore declared an year ago. The company stated that this was the highest revenue from operations and highest profit after tax registered in a quarter since inception.

Container Corporation About: CONCOR is committed to providing responsive, cost effective, efficient and reliable logistics solution to its customers. It strives to be the first choice for its customers. CONCOR is a customer focused, performance driven, result oriented organization, focused on providing value for money to its customers, according to its official website.

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