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.
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