Concor: Competition from road sector, high valuations cap upside

Rollout of GST and infra projects could increase competitive intensity for Concor

Despite the promise of the dedicated freight corridor (DFC) helping it to stay ahead of the competition, Container Corporation of India (Concor) could face a tough time if its recent performance and the market share gains for the road players is anything to go by. Earlier this month, the government had highlighted plans to set up an integrated transport and logistics framework helping create a hub-and-spoke model, lower logistics cost and setting up 35 multi-modal logistics parks (MMLP). Analysts at Antique Stock Broking believe that though the rollout of the infrastructure projects (including DFCs) and implementation of the goods and