Container Corp. - Best Is Yet To Come: Nirmal Bang
Flagship terminal of Container Corporation of India Ltd. ICD Tughlakabad (image: Company website)

Container Corp. - Best Is Yet To Come: 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

Our optimism on Container Corporation of India Ltd. stems from the anticipated multifold growth in profitability due to the beneficial impact of following:

  1. Strong push by the Ministry of Railways to improve freight market share from 28% currently to 44% by improving infrastructure.

  2. Operationalization of the Dedicated Freight Corridors by June 2022, which is expected to sharply increase asset utilization.

  3. Focused strategy by the company for long haul freight and removal of discounts, which have led to improvement in margins.

  4. Cost cutting through reduction of manpower and other overhead expenses will lead to further improvement in margins.

Click on the attachment to read the full report:

Nirmal Bang Container Corporation of India - Initiating Coverage -31 March 2021.pdf

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