Container Corporation Of India

The MSCI announced changes to its key indices, with Fortis Healthcare, GE Vernova, One 97 Communications, and Siemens Energy making the cutoff into the Global Standard Index

In Q2, total throughput stood at 14,40,724 twenty-foot equivalent units (TEUs), as compared to 13,03,402 TEUs last year

Pricing challenges, muted domestic growth offset gains in exim volumes

Concor share rose after the company announced that it has awarded an order for manufacture and supply of 30 BLSS (spine car) rakes on turn key basis to Braithwaite & Co.

Here are the complete details of companies whose shares will trade ex-date tomorrow, along with their corporate announcements and key details

Concor reported a consolidated net profit of Rs 366.65 crore as compared to Rs 330.74 crore a year ago, up 11 per cent

Container Corporation of India Ltd (Concor) on Thursday posted a 4.51 per cent increase in consolidated net profit to Rs 340.52 crore for the third quarter ended December 2024. The company had reported a consolidated net profit of Rs 325.81 crore a year ago, Concor said in a regulatory filing. During the quarter under review, the consolidated revenue from operations was Rs 2,303.99 crore against Rs 2,302.12 in the year-ago period. Concor said its Board has declared an interim dividend for FY 2024-25 of 85 per cent -- Rs 4.25 per equity share of face value of Rs 5 each, amounting to Rs 258.95 crore.

Railway-related stocks such as IRCTC, RVNL, Texmaco, RailTel and Container Corp are testing support on the long-term charts; as long as these supports are respected a pullback rally seems possible.

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A dividend is a portion of a company's profit distributed to its shareholders, usually quarterly or annually, as a reward for investing in the company. Here is the full list of stocks that will trade

Concor had initially launched coastal shipping services in January 2019 but the services were halted in 2020 due to the Covid-19 outbreak

Consolidated net profit rose to Rs 258 crore ($30.7 million) for the quarter ended June 30, from Rs 246 crore a year ago

The government has put the privatisation of Container Corporation of India Ltd (Concor) on the backburner, an official said. In November 2019, the Union Cabinet approved the strategic sale of a 30.8 per cent stake, along with management control, in Concor -- a Navratna PSU under the Railways Ministry. The government currently holds 54.80 per cent of Concor. "The government is unlikely to push Concor's strategic sale. There are some concerns from Railways Ministry as also investors," the official said. The official further said that with the government holding in the company at 54.80 per cent, there is little scope for coming out with an offer for sale (OFS) in Concor. Although the Cabinet approval for the Concor sale was accorded in 2019, no worthwhile progress has so far been made, and even an Expression of Interest (EOI) has not been invited for the strategic sale. Shares of Concor closed at Rs 1,043.25 apiece, up 0.35 per cent over the previous close on the BSE.

Infra stocks such as - Larsen & Toubro, Adani Ports, BPCL, Ashok Leyland and Container Corporation of India can rally up to 17 per cent, technical charts suggests.

F&O stock update for May expiry: Page Industries, Concor, Dixon, Metropolis, Crompton Greaves and Zydus Life have seen notable long buildup in recent days. Here's a short-term outlook on the stocks.

At 02:30 PM; the stock of Concor was trading 6.29 per cent lower at Rs 1,103.25. In comparison, the S&P BSE Sensex was up by 0.39 per cent

Meanwhile, Zomato, Coal India, and HDFC Asset Management Company are likely to experience an increase in their weighting due to a rise in their free-float market capitalisation

Logistic companies have been grappling with increased competition, slow demand and volatile air turbine fuel (ATF) rates, which form a major part of their expenses

Despite the weak Q1 show, the company is confident of meeting its EXIM growth target of 10-12% in FY24 given signs of recovery, and expects to maintain margins at the FY23 level (22.7%)

The National Company Law Appellate Tribunal (NCLAT) has stayed the insolvency proceedings initiated against Container Corporation of India. On July 12, the New Delhi-based Principal bench of the National Company Law Tribunal (NCLT) had admitted the petition filed by Roadwings International, an operational creditor of the public sector enterprise, and ordered to initiate Corporate Insolvency Resolution Proceedings (CIRP). The order was challenged by the Container Corporation of India Ltd (CONCOR) before the appellate tribunal, which passed an order on July 14 to stay the NCLT's decision. The appellate tribunal also issued notices to the operational creditor Roadwings International and the interim resolution professional (IRP), which was accepted by their counsel present in the hearing. NCLAT granted one week time to file a reply to the operational creditor and rejoinder by CONCOR, if any, to be filed within two weeks thereafter and directed to list this appeal on September 4, 2023 f