A block deal of 1.06 lakh shares was executed at 12:36 IST. Another block deal of 2 lakh shares was executed at 13:04 IST. The two block deals constitute 0.23% of Container Corporation of India's equity.
Meanwhile, the BSE Sensex was up 176.44 points or 0.92% at 19,431.53.
On BSE, 3.07 lakh shares were traded in the counter as against average daily volume of 14,051 shares in the past one quarter.
The stock hit a high of Rs 934.95 and a low of Rs 916 so far during the day. The stock had hit a 52-week low of Rs 805 on 30 December 2011. The stock had hit a 52-week high of Rs 1,097 on 23 October 2012.
The stock had underperformed the market over the past one month till 24 December 2012, sliding 2.17% compared with the Sensex's 4.04% rise. The scrip had also underperformed the market in past one quarter, declining 3.6% as against Sensex's 3.12% gain.
Container Corporation of India which is known by its acronym Concor has equity capital of Rs 129.98 crore. Face value per share is Rs 10.
Concor's net profit jumped 32.5% to Rs 232.48 crore on 6.1% growth in net sales to Rs 1054.86 crore in Q2 September 2012 over Q2 September 2011.
Concor was incorporated in March 1988 under the Companies Act, and commenced operation from November 1989 taking over the existing network of 7 Inland Container Depot (ICDs) from the Indian Railways. The company is today an undisputed market leader having the largest network of 62 ICDs/container freight stations in India. In addition to providing inland transport by rail for containers, Concor has also expanded to cover management of ports, air cargo complexes and establishing cold-chain.
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