Market Performance
On Friday, July 4, the CONCOR share price witnessed an uptick for the second consecutive day. The stock traded higher after moving to an ex-bonus basis.
- Current Trading Price: ₹600.45
- Day Movement: Up by 0.69%
- YTD Performance: Down 23% so far in 2025
Despite the day's positive movement, CONCOR's share price remains significantly lower year-to-date, reflecting broader concerns in the logistics sector.
Main News: CONCOR Trades Ex-Bonus
Container Corporation of India Ltd. (CONCOR) began trading ex-bonus on July 4. This marks the date when new buyers are no longer eligible for the bonus shares declared by the company.
- Bonus Issue Ratio: 1:4 (One bonus share for every four held)
- Record Date: July 4, 2025
Investors who held shares till Thursday's market close qualify for the bonus shares. The bonus issue helps the company capitalise on its reserves and boost equity capital.
Bonus shares are free shares issued without any additional cost to existing shareholders. They also aid in enhancing Earnings Per Share (EPS) and increasing paid-up capital.
Company Details
CONCOR, a government-backed logistics and container transportation firm, continues to be majorly owned by the Indian government:
- Government Stake: 54.8%
This significant stake underscores its strategic role in India's logistics and infrastructure landscape.
Revenue and Operational Highlights
While financial performance details are limited, CONCOR's volume growth for the recent fiscal year has shown a notable gap compared to previous targets:
- Full-Year Volume Growth: 8%
- Previously Guided Growth: 18%–20%
This shortfall has impacted the broader investor sentiment, contributing to the stock's underperformance in 2025.
Summary of the Article
- CONCOR share price increased for a second day on July 4, now trading ex-bonus.
- Investors holding shares till July 3 are eligible for the 1:4 bonus issue.
- The stock remains down 23% in 2025 despite recent gains.
- The government continues to hold a 54.8% majority stake.
- The company's FY performance missed volume growth guidance by a wide margin.
This recent move in the CONCOR share price reflects a market adjustment following the bonus issue, while broader performance metrics and shareholder data continue to shape investor perception.
Leave A Comment?