Container Corporation reports 25.75% spike in physical container volumes in Q3

Container Corporation’s shares spiked after it reported the Q3 results of changes in physical volumes. Container Corporation Of India Ltd shares ended at Rs656.65 up by Rs10.05 or 1.55% from its previous closing of Rs646.60 on the BSE.

The scrip opened at Rs657.70 and has touched a high and low of Rs661.70 and Rs646.05 respectively.

CONCOR reported an increase of 3% for EXIM’s physical quantity, and a 25.75% increase in DOM’s quantity on, y-o-y basis.

EXIM’s quantity for the current quarter stood at 8,28,661 as compared to 8,04,557 last year. The company reported a net quantity of DOM 2,03,040 for this quarter as compared to 1,61,458 for the previous quarter.

The volumes have shown an increment of an average of 16.24% in volumes of both variants from the last quarter.

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( With inputs from indiainfoline)