Container Corporation of India rose 1.75% to Rs 1,369.50 at 9:39 IST on BSE after the company said that its board may consider stock split in its meeting scheduled on 30 April 2018.
The announcement was made after market hours yesterday, 18 April 2018.Meanwhile, the S&P BSE Sensex was up 102.03 points, or 0.30% to 34,433.71.
On the BSE, 960 shares were traded in the counter so far compared with average daily volumes of 12,000 shares in the past two weeks. The stock had hit a high of Rs 1,370 and a low of Rs 1,353.05 so far during the day. The stock hit a 52-week high of Rs 1,500 on 22 January 2018. The stock hit a 52-week low of Rs 1,080 on 31 July 2017.
The board of Container Corporation of India (Concor) will consider audited financial results for the quarter and year ended on 31 March 2018 on Monday, 30 April 2018.
Net profit of Concor rose 55.43% to Rs 289.08 crore on 24.75% rise in net sales to Rs 1639.55 crore in Q3 December 2017 over Q3 December 2016.
Concor provides logistics solutions. It has the largest network of inland container depots (ICDs)/container freight stations (CFSs) in India.
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