CONCOR to surrender 15 terminals to railways on business viability issues

05 May 2020 Evaluate
Container Corporation of India (CONCOR) is surrendering its 15 terminals with a turnover of Rs 277.50 crore to railways due to commercial and business viability considerations. These terminals, spread across various states, have net block worth Rs 64.84 crore.

CONCOR is a Public Sector Undertaking, under Ministry of Indian Railways which was incorporated in March 1988 under the Companies Act, and commenced operation from November 1989 taking over the existing network of 7 ICDs from the Indian Railways.

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
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.