logo
Dividend, bonus share announcement fail to lift CONCOR share price. Is it a stock to buy post Q4 results 2025?

Dividend, bonus share announcement fail to lift CONCOR share price. Is it a stock to buy post Q4 results 2025?

Mint23-05-2025

CONCOR share price: Container Corporation of India's (CONCOR) dividend and bonus share announcement failed to lift the Navratna PSU stock on Friday, May 23, as investors focused on the state-owned company's weak performance in 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. Meanwhile, in the last one year, CONCOR stock has lost 35% of its value.
CONCOR, post-market hours 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.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Aditya Birla Lifestyle Brands lists on stock exchanges post demerger
Aditya Birla Lifestyle Brands lists on stock exchanges post demerger

Business Standard

timean hour ago

  • Business Standard

Aditya Birla Lifestyle Brands lists on stock exchanges post demerger

The stock started trading at Rs 167.75 and later jumped 4.97 per cent to Rs 176.10 apiece during the day on the BSE. It finally ended at Rs 159.40, down 4.97 per cent Press Trust of India New Delhi Shares of Aditya Birla Lifestyle Brands Ltd (ABLBL) made its market debut on Monday post demerger. The stock started trading at Rs 167.75 and later jumped 4.97 per cent to Rs 176.10 apiece during the day on the BSE. It finally ended at Rs 159.40, down 4.97 per cent. On the NSE, the stock began trading at Rs 167. Shares of the firm ended at Rs 159, lower by 4.79 per cent. The company's market valuation stood at Rs 19,451.50 crore. "Trading members of the exchange are hereby informed that effective from June 23, 2025, the equity shares of Aditya Birla Lifestyle Brands Ltd are listed and admitted to dealings on the exchange in the list of 'T' Group Securities," according to an update by the BSE. ABLBL was demerged from Aditya Birla Fashion and Retail in May this year. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Sensex falls 0.62%, Nifty ends below 25,000 amid rising tensions in Middle East
Sensex falls 0.62%, Nifty ends below 25,000 amid rising tensions in Middle East

Indian Express

time2 hours ago

  • Indian Express

Sensex falls 0.62%, Nifty ends below 25,000 amid rising tensions in Middle East

Domestic equity market indices declined nearly 0.6 per cent on Monday amid concerns over heightened tensions in the Middle East following US strike on nuclear sites of Iran and surge in oil prices. The BSE's 30-share Sensex declined 0.62 per cent, or 511.38 points, to close at 81,896.79. The broader Nifty lost 0.56 per cent, or 140.5 points, to finish the session at 24,971.9. However, both indices recouped some of the early morning losses by the close of the session. The Sensex had declined 931.41 points and the Nifty lost 287.55 points during intraday trades. 'Despite the initial setback, the market recovered most of its losses, supported by gains in capital goods and metal stocks, as fears of an immediate oil supply disruption remained low,' said Vinod Nair, Head of Research, Geojit Investments Ltd. The losses in the early trading session was on account of strikes launched by the US on three nuclear facilities in Iran. In retaliation, Iran's parliament approved a motion to shut the Strait of Hormuz, one of the world's most critical chokepoints, through which a fifth of the global oil and gas supply flows. Analysts said that a closure of the Strait could lead to a major disruption in oil supply and an increase in global oil prices. As the fears of immediate disruption in oil supply faded, Sensex and Nifty also showed signs of recovery. Brent crude oil also fell to $79 per barrel from $81 per barrel. 'Global oil price is down, which is a big positive surprise. Both oil and equity markets believe that this war (Middle East conflict) may not escalate in a big way. Secondly, Iran may not block the Strait of Hormuz as it earns over $67 billion from export of oil annually. Iran would be affected if it blocks this strait. Earning from oil is important when it is fighting a war,' said G Chokkalingam, Founder & Head of Research, Equinomics. Despite fall in benchmark indices, Nifty Midcap 100 and Nifty Smallcap 100 gained 0.36 per cent and 0.7 per cent, respectively. Among the sectoral indices, Nifty Media gained 4.39 per cent and Nifty Metal rose 0.66 per cent. Nifty IT fell 1.48 per cent, as IT stocks came under pressure due to uncertainty around global tech spending, exacerbated by weak earnings reported by Accenture. The NSE companies that lost the most included Infosys Ltd (2.35 per cent), HCL Technologies (2.3 per cent), Larsen & Toubro (2.27 per cent), Hero Motocorp (2.1 per cent) and Mahindra & Mahindra (1.52 per cent).

Markets slump on heightened tensions in Middle East; Sensex drops 500 pts
Markets slump on heightened tensions in Middle East; Sensex drops 500 pts

New Indian Express

time2 hours ago

  • New Indian Express

Markets slump on heightened tensions in Middle East; Sensex drops 500 pts

MUMBAI: Stock market benchmark indices Sensex and Nifty tumbled on Monday, as intensifying tensions in the Middle East after the US bombed three major nuclear sites in Iran unnerved investors. Besides, selling pressure in IT, tech and auto stocks amid elevated global crude prices dented market sentiments, traders said. After losing over 900 points in day trade, the 30-share index recovered some lost ground to close with a loss of 511.38 points or 0.62 per cent at 81,896.79. During the day, it tumbled 931.41 points or 1.13 per cent to 81,476.76. As many as 2,204 stocks declined, while 1,854 advanced and 182 remained unchanged on the BSE. The 50-share NSE Nifty dropped 140.50 points or 0.56 per cent to 24,971.90.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store