Introduction:
PSU stock has secured a ₹689.76 crore order for the manufacture and supply of 30 BLSS (spine car) rakes on a turnkey basis. The supplies are set to be completed by August 11, 2026, contributing significantly to its growth and operations.
Share Price movement of Container Corporation of India:
On February 19, 2025, Container Corporation of India Ltd opened at ₹680.00, reaching a high of ₹692.90, up 2.07% from its previous close of ₹678.80 and a low of ₹673.35. Currently, it is trading at ₹688.00, with a market cap of ₹41,919.45 crore.
Container Corporation of India’s new order:
Container Corporation of India Ltd has been awarded an order for the manufacture and supply of 30 BLSS (spine car) rakes on a turnkey basis. The order is valued at ₹689.76 crores, excluding freight charges, and includes GST.
The order has been granted to M/s Braithwaite & Co. Ltd, a government of India undertaking under the Ministry of Railways. The supplies are expected to be completed by August 11, 2026, marking a significant achievement in the company’s operations.
Recent news About Container Corporation of India :
In its Q3FY25 results, Container Corporation of India (CONCOR) reported a 4.5% year-on-year increase in consolidated profit, reaching ₹340.5 crore, with revenue from operations standing at ₹2,304 crore. The company has also declared an interim dividend of ₹4.25 per equity share for FY2024-25, amounting to ₹258.95 crore.
Stock performance of Container Corporation of India for Period of 1 week, 6 months and 1 year:
The stock of Container Corporation of India has experienced a 1-week decline of 1.79%, a 6-month drop of 31.5%, and a significant 32.1% decrease over the past year, reflecting underperformance across different time frames in the market.
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Shareholding pattern of Container Corporation of India:
| All values in % | Dec-24 | Sep-24 | Jun-24 |
| Promoters | 54.8 | 54.8 | 54.8 |
| FII | 13.47 | 13.65 | 16.15 |
| DII | 25.7 | 25.73 | 24.71 |
| Retail & others | 6.02 | 5.81 | 4.35 |
About Container Corporation of India:
Container Corporation of India is a leading public sector enterprise engaged in providing multimodal logistics and transportation services. It specializes in containerized cargo transportation through rail, road, and sea, offering efficient logistics solutions across India, and plays a vital role in trade and commerce.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
