Dividend, bonus share announcement fail to lift CONCOR share price. Is it a stock to buy post Q4 results 2025?

CONCOR share price: Container Corporation of India's (CONCOR) dividend and bonus share announcement failed to lift the Navratna PSU stock on Friday, May 23, as investors focused on the state-owned company's weak performance in the January-March quarter of the financial year 2024-25.

CONCOR share price opened at ₹718.10 on the BSE today, significantly lower than its last close of ₹738.40. During the trade, it extended the decline to hit the day's low of ₹708.45, down 4.05%.

With this, the PSU stock snapped its two-day losing run. In May so far, the stock is up over 6%. However, in the last one year, CONCOR stock has lost 35% of its value.

CONCOR Q4 results

CONCOR, post-market hours on Thursday, announced that its consolidated net profit for Q4 FY25 came in at ₹287.69 crore, down 4.5% year-on-year (YoY), compared with ₹301.25 crore in the corresponding period last year.

Meanwhile, the company's revenue from operations declined 1.6% YoY to ₹2,288 crore, as against ₹2,325 crore in the same period a year ago.

The company said it achieved the highest-ever throughput, crossing the 5 million TEUs mark in container handling in any one year. For the full financial year, CONCOR said it recorded its highest-ever PAT and revenue of ₹1292 crore and ₹8887 crore, respectively.

Dividend & bonus issue

The company also rewarded its shareholders handsomely by announcing a dividend and bonus share issue along with Q4 results.

The Board declared a final dividend of ₹2 (40%) per equity share of face value of ₹5 / each for the year 2024-25. The record date to determine the shareholders who will be eligible to receive the final dividend will be June 6, 2025.

Additionally, it also declared a bonus issue in the ratio of 1:4, meaning that shareholders will receive one share of ₹5 each for every four shares held. The company will inform the "Record Date" for determining the entitlement of the Shareholders to receive bonus shares in due course, CONCOR added.

CONCOR shares: Technical outlook

Anshul Jain, Head of Research at Lakshmishree Investments, said that after a steep 48% fall from its all-time high, CONCOR has been consolidating in a narrow range for the past 8 weeks.

“A breakout is positioned above 732, which also marks the upper resistance. However, volumes in the base lack institutional accumulation, indicating a weak foundation,” Jain added.

He believes a high-volume breakout above 732 can potentially lead to 880, the 50% retracement of the entire decline. But any upmove is likely to be gradual and sluggish, Jain warned.

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