Being a transporter, Concor will gain most when it keeps costs in check and resources are put to optimum use. The latest container freight traffic data led to noticeable gains in the shares of Container Corp. of India Ltd, aka Concor. Compared to a 0.1% rise in the BSE 500 index, the stock gained 5% over the past week as data from major ports and the Indian Railways showed continuing recovery in export-import (exim) container volumes. The question that begs clarity, however, is how much of this volume recovery will translate into earnings. Further, with volumes remaining strong, some analysts believe the leverage benefits to outweigh the challenges, driving earnings.

Source: Mint April 02, 2018 02:48 UTC