Container Corporation Of India Ltd (CONCOR)

Container Corporation of India Ltd exhibits robust price structure - 26 Apr, 2024

Container Corporation of India Ltd is currently trading near its all-time high and has maintained an upward trajectory, forming higher highs and higher lows. Analysts expect prices to go higher till the level of Rs 1,254. The bullish view will be negated if prices sustain below Rs 922.

Container Corp Stock Shows Bullish Trend - 25 Apr, 2024

Container Corporation of India's stock has shown a bullish trend with a 17% increase over the past three months and strong support at Rs 948. However, inconsistent financials may impact future momentum.

CONCOR Signs MoU with PSA MESA Supply Chain - 19 Apr, 2024

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with PSA MESA Supply Chain Pte. Ltd. to offer seamless and cost-effective end-to-end logistics services to customers.

CONCOR Signs MoU for Logistics Services - 18 Apr, 2024

Container Corporation of India Ltd (CONCOR) has signed an MoU with PSA MESA Supply Chain Pte. Ltd. to provide seamless and cost-effective end-to-end logistics services, causing a 1.99% decline in the CONCOR stock.

CONCOR Reports Increase in Total Throughput for FY24 - 16 Apr, 2024

Container Corporation Of India Ltd's provisional updates show an 8.23% YoY increase in total throughput for FY24, while an analyst advises a long position with a trailing stop loss.

CONCOR Reports Strong Growth in Total Throughput - 15 Apr, 2024

Container Corporation of India Ltd (CONCOR) reported an 11.24% YoY increase in total throughput to 12,44,798 twenty-foot equivalent units (TEUs) in Q4 FY24 and more than 8% YoY growth in total physical volume handled for the financial year 2023-24. However, shares were down 1.88% at closing.

MOSL Reiterates Buy Call on Container Corporation of India Ltd - 10 Apr, 2024

Container Corporation of India Ltd's stock gained after MOSL reiterated a buy call, citing potential benefits from the dedicated freight corridor. The brokerage expects CCRI to be a key beneficiary of the DFC, resulting in volume growth driven by modal shift and enhanced operating efficiencies. It further anticipates the company to benefit from the shift in northern hinterland volumes from Gujarat ports to JNPT after the entire DFC commissioning, likely to be completed in FY26.

Container Corp's Domestic Volumes Grow; MOSL Reiterates Buy Call - 09 Apr, 2024

Container Corporation of India's domestic container volumes grew by 11% YoY in 9M FY24, while Motilal Oswal has reiterated its buy call with a target price of Rs 1120 due to potential benefits from the dedicated freight corridor.

Container Corporation of India's High P/E Ratio Raises Concerns - 07 Apr, 2024

Container Corporation of India has a high P/E ratio compared to the market, despite average growth expectations. EPS is expected to climb by 20% per annum in the next three years, but additional gains may be difficult to achieve.