CONCOR shares drop 7% on Q4 profit decline
after close1 source ↓written by the desknot a recommendation
- to ₹475
- 7%
- year-on-year decline
- 9.8%
Shares of Container Corporation of India fell 7% to ₹475 after reporting a 9.8% year-on-year decline in consolidated net profit for Q4, totaling ₹259.29 crore. Investor sentiment weakened due to rising competition and margin pressures, despite steady operational performance. The stock emerged as a notable laggard among PSU and logistics stocks during the session.
Not investment advice. For informational purposes only.