Invest in the best stock opportunities right now and every-time.
Start Systematic Stock Investing ...in less than a minute.
Transport Corporation of India is currently trading at Rs 79.95, up by 1.45 points or 1.85% from its previous closing of Rs 78.50 on the BSE.
The scrip opened at Rs 79.90 and has touched a high and low of Rs 79.95 and Rs 79.90 respectively. So far 30 shares were traded on the counter.
The BSE group 'B' stock of face value Rs 2 has touched a 52 week high of Rs 89.70 on 12-Dec-2012 and a 52 week low of Rs 52.55 on 31-May-2012.
Last one week high and low of the scrip stood at Rs 83.00 and Rs 77.00 respectively. The current market cap of the company is Rs 571.68 crore.
The promoters holding in the company stood at 69.09% while Institutions and Non-Institutions held 6.98% and 23.93% respectively.
In a bid to meet the demand from multi-brand retail, Transport Corporation of India (TCI) is planning to invest Rs 150 crore to expand its infrastructure and services. Of total, the company will spend about Rs 70 crore on setting up new warehouses across the country while, it will invest Rs 40 crore on buying new trucks. Further, Rs 25 crore will be invested on buying a new ship.
The company will be investing the same as multi-brand retail sector is expected to grow rapidly following the government move to allow foreign direct investment in the sector, although the impact of FDI in multi-brand retail will be visible only after 5-6 years.
At present, TCI’s 40-45% revenues come from freight, while supply chain, express cargo and seaways divisions account for the rest.
TCI is the flagship company of TCI Group and provides full truck load and less than full truck load transportation to a network of over 3000 destinations in India.
| Company Name | CMP |
|---|---|
| Allcargo Logistics | 67.16 |
| TVS Supply Chain Sol | 170.65 |
| Container Corp | 1074.55 |
| Mahindra Logistics | 430.90 |
| Transport Corp. | 836.85 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Download APP
