Concor - Land License Fee Uncertainty; Dedicated Freight Corridor To Drive Volume, Margin Growth: Nirmal Bang
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Nirmal Bang Report
We recently met with a logistics expert to understand Container Corporation of India Ltd.’s business and related aspects recently.
Post the interaction, we remain bullish on the company.
The speaker stated that the land license fee payable by Concor has not been fixed.
While this certainly increases the uncertainty about the company’s valuation, the speaker mentioned that operationalisation of the dedicated freight corridor will help the company in increasing freight volume and lowering costs, thus leading to better profitability going forward.
Click on the attachment to read the full report:
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.