Press "Enter" to skip to content

Dividend, Bonus Share Announcement Fail to Lift Concor Share Price. Is it a stock to buy post Q4 Results 2025?

WhatsApp Channel Join Now
Telegram Group Join Now
Concor Share Price: Container Corporation of India’s (Concor) Dividend and Bonus Share Announsment Failed to Lift The Navratna PSU Stock on Friday, May 23, As Investors Focused on the State-Ownd COK Performance in In-promotion The January-March Quarter of the Financial Year 2024-25.

Concor Share Price Opened at 718.10 on the bse today, significantly lower than its last close of 738.40. During the trade, it extended the decline to hit the day’s low of 708.45, Down 4.05%.

With this, the psu stock snapped its two-day losing run. In may So far, the stock is up over 6%. However, in the last one year, concor stock has lost 35% of its value.

Concor Q4 Results

Concor, Post-MARKET HOORS on Thursday, Announced that its consolidated net profit for Q4 fy25 came in at 287.69 Crore, Down 4.5% Year-On-Year (Yoy), Compared With 301.25 Crore in the corresponding period last year.

Meanwhile, the company’s revionue from operations declined 1.6% yoy to 2,288 Crore, As Against 2,325 Crore in the same period a year ago.

Concor Shares: Technical Outlook

Anshul Jain, Head of Research at Lakshmishree Investments, said that after a line 48% fall from its all-time high, concor has been consolidating in a narrow range for the pass.

“A Breakout is positioned about 732, which also marks the upper resistance.

He believes a high-Volume Breakout Above 732 can potentially lead to 880, the 50% retracement of the entrere decline. But any upmove is likely to be gradual and sluggish, jain warned.

Source link


Discover more from gautamkalal.com

Subscribe to get the latest posts sent to your email.

More from FinanceMore posts in Finance »

Be First to Comment

Leave a Reply