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TCI - Unique Business Model With Multimodal Capabilities To Drive Performance: Motilal Oswal

TCI - Unique Business Model With Multimodal Capabilities To Drive Performance: Motilal Oswal

Trailers belonging to Transport Corporation of India. (Source: Company website).
Trailers belonging to Transport Corporation of India. (Source: Company website).

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.

Motilal Oswal Report

We released our logistics thematic report recently, wherein we stressed upon the logistics sector moving towards formalisation. We noted that this would provide strong growth opportunities for some of the established players, such as Transport Corporation of India Ltd.

The share price of TCI has been up ~45% since our initiation, and we believe there is more steam left.

The unique multimodal capabilities of TCI would drive consistent growth in volumes and earnings across segments over the next few years. With the easing of fuel prices (on account of tax cuts), margins are expected to remain at elevated levels.

Click on the attachment to read the full report:

Motilal Oswal Transport Corporation of India Company Update.pdf

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