Concor speeds up on setting record date for bonus issue

Container Corporation of India which is known by its acronym Concor rose 0.91% to Rs 1640 at 11:44 IST on BSE after the company set record date for a liberal 1:1 bonus issue.

Meanwhile, BSE Sensex was down 53.78 points or 0.36% to 14,755.71.

On BSE, 840 shares were traded in the counter. The scrip had an average daily volume of 16,416 shares in the past one quarter.

The stock hit a high of Rs 1688 and a low of Rs 1640 so far during the day. The stock had a 52-week high of Rs 2444 on 27 June 2007 and a 52-week low of Rs 1530 on 21 January 2008.

The mid-cap scrip had outperformed the market over the past one month till 17 March 2008, declining 5.89% compared to the Sensex's fall of 18.25%. It had also outperformed the market in the past one quarter, declining 9.28% compared to Sensex's decline of 22.38%.

The company's current equity is Rs 64.99 crore. Face value per share is Rs 10.