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Container Corporation gains on the buzz to double revenues in next 5 years

26 Sep 2016 Evaluate

Container Corporation of India is currently trading at Rs. 1338.00, up by 5.00 points or 0.38% from its previous closing of Rs. 1333.00 on the BSE.

The scrip opened at Rs. 1333.00 and has touched a high and low of Rs. 1350.00 and Rs. 1332.55 respectively. So far 1,030 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1575.00 on 05-Oct-2015 and a 52 week low of Rs. 1050.85 on 12-Feb-2016.

Last one week high and low of the scrip stood at Rs. 1361.80 and Rs. 1297.55 respectively. The current market cap of the company is Rs. 26,087.55 crore.

The promoters holding in the company stood at 56.79%, while Institutions and Non-Institutions held 40.03% and 3.17% respectively.

Container Corporation of India (Concor), the only listed company of Indian Railways with a cash surplus of Rs 2,400 crore and zero debt on its balance sheet, reportedly wants to double its revenues in next five years. The long-term vision is to make it a Rs 12,000 crore in the next five years.

The company wants to go international, having presence in more countries outside (presently in Nepal), be a more involved logistics player providing end-to-end logistics for companies. The company has some 300 rakes, whose capacity can be increased by 15 percent.

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

520.55 2.85 (0.55%)
06-May-2026 12:26 View Price Chart
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