The bonus shares will be issued in the ratio of one fully paid-up equity share for every four shares held, subject to shareholder approval.
As per SEBI guidelines, the deemed allotment date for the bonus shares is July 7, 2025, with trading expected to commence on July 8, 2025.
CONCOR operates a pan-India logistics network, offering container transportation services via rail and road, along with port handling. It plays a vital role in India’s supply chain infrastructure and is listed on both the BSE and NSE.
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CONCOR share price target
According to Trendlyne, the average target price for CONCOR is Rs 764, indicating a potential upside of around 5% from current levels. Of the 16 analysts tracking the stock, the consensus rating is ‘Hold’.On the technical front, CONCOR’s Relative Strength Index (RSI) stands at 40.3, indicating neutral momentum. The Moving Average Convergence Divergence (MACD) is at 16.6—above the centre line but below the signal line.The stock is currently trading below its 5-day, 10-day, 20-day, 150-day, and 200-day simple moving averages (SMAs), while remaining above the 50-day and 100-day SMAs.
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CONCOR shares performance CONCOR shares closed 2.32% lower at Rs 727.90 on the BSE on Thursday. The stock has declined 7% year-to-date and is down 34% over the past 12 months. Its current market capitalisation stands at Rs 44,350 crore.
(Disclaimer: Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times)
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