Total income during the July-September quarter of the current fiscal dipped marginally to Rs 1,800.45 crore
Privatisation that is not carefully designed does little to help the economy - and it can be politically costly
In the past month, SCI (zoomed 77 per cent), BPCL (up 44 per cent) and Concor (up 27 per cent) have outperformed the benchmark S&P BSE Sensex, which gained 4 per cent during the same period.
Container rail traffic is also losing market share to road segment
Prospects hinge on start of freight corridor, volume uptick
Concor has been a market leader in multi modal transport in India with nearly 75 per cent market share catering to export-import and domestic container movement
Concor is expecting Amazon, Flipkart, ShopClues, Paytm, e-bay, and Snapdeal to make use of its logistics distribution centres
The PSU under the Ministry of Railways, which has 81 terminals, will cross the 100 mark next year and would contribute tremendously in bringing down high logistics cost in the country
With the dollar fluctuating so rapidly, customers are not ready to store cargo for long, an industry insider said
Better operating performance helped the company post net profit of Rs 186 cr, which beat estimates
Company faces pressure on volumes and pricing in immediate future
The Rs 1,165-cr issue got subscribed twice overall
Government came up with the Concor issue as it races to meet the revised, lower target of Rs 25,000 crore
Export-import volumes remain muted, and freight corridor booster is expected only after two-three years