Government to sell 5% stake in Container Corporation

01 Jun 2015

The government is planning to sell another five percent stake in Container Corporation of India (Concor). At present, the government holds a 61.79 percent stake in the blue chip ‘Navaratna’ company.

Concor, a Railway Ministry subsidiary, operates in the container train operations space. It accounts for almost two-thirds of container cargo handled in the rail sector and has a network of over 60 inland container depots and container freight stations, apart from having a partial stake in container terminal operations at JN Port in a joint venture with APM Terminals.

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

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Container Corp Share Price

572.50 -25.30 (-4.23%) May 14, 18:01
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Company Name CMP
Allcargo Logistics 126.15
Aegis Logistics 324.25
Container Corp 572.50
Mahindra Logistics 534.85
Transport Corp. 274.25
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323