RBI raises FIIs limit in Container Corporation

09 Mar 2015 Evaluate

Reserve Bank of India (RBI) has allowed foreign institutional investors (FIIs) to invest up to 34% of the paid-up capital in Container Corporation. RBI further advised that the foreign shareholding by FIIs/RFPIs in the company has gone below the revised threshold limit. Hence, the restrictions placed on the purchase of shares of the company are withdrawn with immediate effect.

Container Corporation of India was established in 1988 and works mainly in three verticals -- cargo terminal, terminal operator and warehouse operator.

Container Corp Share Price

882.20 14.75 (1.70%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
Allcargo Logistics 71.62
TVS Supply Chain Sol 154.50
Container Corp 882.20
Mahindra Logistics 409.70
Transport Corp. 803.70
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