The Container Corporation (Concor) stock came under pressure in March on worries that the US action at the World Trade Organization (WTO) on export subsidies by India could impact container volumes as also a delay in commissioning of a dedicated freight corridor (DFC).
Ongoing investments in logistics parks are also expected to keep the return ratios subdued in the near term. The US Trade Representative has alleged India’s export subsidy programmes are detrimental to American workers and organisations.
Analysts at Goldman Sachs said any measure against export subsidy schemes or any potential trade war would hit volumes at
Ongoing investments in logistics parks are also expected to keep the return ratios subdued in the near term. The US Trade Representative has alleged India’s export subsidy programmes are detrimental to American workers and organisations.
Analysts at Goldman Sachs said any measure against export subsidy schemes or any potential trade war would hit volumes at