Container Corporation Of India (CONCOR) Hits All-Time High, Outperforms Sector and Market

Feb 09 2024 09:20 AM IST
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Container Corporation Of India (CONCOR) has reached an all-time high on February 9th, with its stock price hitting Rs.964.9. The largecap logistics company has shown a consecutive gain for the last 2 days and a 4.56% increase in returns. It is also trading higher than its moving averages, indicating a positive trend. CONCOR has outperformed the Sensex with a remarkable 55.28% growth in the past year.

Container Corporation Of India (CONCOR) has reached an all-time high on February 9th, with its stock price hitting Rs.964.9. This largecap logistics company has been performing well in the market, with a 'Hold' call from MarketsMOJO.

In today's trading session, CONCOR has outperformed the sector by 0.43%, showing a consecutive gain for the last 2 days and a 4.56% increase in returns. The stock opened at Rs.964.9 and has maintained this price throughout the day.

Container Corporation Of India is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its performance.

In the past year, CONCOR has shown a remarkable 55.28% growth, outperforming the Sensex's performance of 17.15%. This further solidifies the company's position as a strong player in the logistics industry.

With its recent all-time high and consistent growth, Container Corporation Of India continues to be a promising investment option for investors. However, it is important to note that this is not a recommendation and investors should do their own research before making any investment decisions.
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