Latest news with #CONCOR
&w=3840&q=100)
Business Standard
5 days ago
- Business
- Business Standard
Motilal Oswal recommends these three stocks to buy today; Check out target
Stocks to buy: Buy SRF, CMP: ₹3,050, Stop-loss: ₹2,940, Target: ₹3,250 The stock has consolidated in a broad range in last couple of months which seems to be a time wise correction within an uptrend. In last couple of sessions, the stock has seen a positive momentum and is now on the verge of breakout from this consolidation. We expect the stock to resume the uptrend in the near term and hence, traders should look for buying opportunity. Buy CONCOR, CMP: ₹806, Stop-loss: ₹780, Target: ₹850 The stock has recently seen an upmove supported by rising volumes. The prices have surpassed its 200 DEMA hurdle and the RSI oscillator is hinting at a positive momentum. Hence, we expect the prices to rally higher in the short term. Catch Stock Market Updates Today LIVE Buy BEL, CMP: ₹390, Stop-loss: ₹379, Target: ₹410 The stock has recently rallied higher along with the other defence stocks with high volumes. Prices have formed a' Bullish Flag' pattern on the daily chart hinting at a continuation of the uptrend. The overall trend remains positive and hence, short term traders can look for buying at current levels and add on any minor dips.
Time of India
6 days ago
- Business
- Time of India
Mysore MP promises swift resolution of logistics park issues
Mysuru: Mysore MP Yaduveer Wadiyar on Tuesday said he will take swift action to address the operational challenges faced by the Multi Modal Logistics Park, an inland container depot in Kadakola, which was developed by Container Corporation of India (CONCOR). The depot, inaugurated virtually by Prime Minister Narendra Modi in March 2024, was built at an estimated cost of Rs 100 crore but remained underutilised due to the absence of a customs clearance facility. Suresh Jain, general secretary of the micro, small and medium enterprises council, Mysuru, highlighted the issue, stating, "Without a customs clearance facility, industries are forced to rely on ports in Chennai, Mangaluru, or Kochi, rendering the depot idle." Responding to the concerns, Yaduveer told reporters that he was unaware of this issue. "I will work to resolve it at the earliest," he said. Meanwhile, Yaduveer announced plans to commemorate Mysuru Maharaja Nalwadi Krishnaraja Wadiyar's birth anniversary on Wednesday, uniquely by making the Mysuru Palace plastic-free. "We will install a water vending machine on the palace premises. This will end the problem of water bottle menace," he said. Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 금액 상관없이 빚이라면 딱 6%만 갚으세요 법무법인 더 알아보기 Additionally, he revealed that over 3,500 civic workers will receive 20 kg of food items at an event at the Maharaja's College Ground. "It is our duty to support the civic workers who serve the society. Our aim is to provide ration for a month," he said. Addressing the issue of Kamal Haasan's controversial statement, which was perceived as anti-Kannada, Yaduveer stated that only the public can teach a lesson by boycotting the actor's films until he apologises. "Languages naturally influence one another, but claiming one language gave birth to another is unacceptable," he remarked. The MP also called on the Mysuru City Corporation (MCC) and police to devise a strategy to prevent miscreants from defacing statues in the city, emphasising the need to protect public monuments.
Mint
28-05-2025
- Business
- Mint
Concor to Dabur India - Jay Thakkar suggests three stocks to buy for short-term in F&O segment
Stock market today: The Indian stock markets opened flat on Wednesday, despite a positive lead from both the US and Asian markets. Analysts indicate that investors in the Indian stock markets are experiencing trading activity that lacks a clear direction. Reflecting on the sentiment in the market, experts noted that the monthly expiry is approaching for the Indian markets. The previous day, Tuesday, experienced considerable volatility, and similar fluctuations are expected on Wednesday and Thursday. The increase in Covid cases is causing some concern, but the prevailing view is that it is a mild variant appearing with the arrival of the monsoon, and it will likely be managed effectively. At 12:36 IST, Sensex dropped by 120.93 points to reach 81,430.70, while the Nifty 50 fell by 38.95 points to settle at 24,788.10. Jay Thakkar of ICICI Securities suggests to buy only above 25,150 for the targets of 25,500 and 25,800 with a stop loss of 24,900. Here's what he says about the overall market. Nifty 50 has got stuck in a range i.e. between 25,150 to 24,400 and there isn't a breakout from this range the short-term trend will be sideways to negative. There has been continuous supply at the higher levels and the Index is unable to surpass its recent swing high. The FIIs also have been selling more than buying on alternate days due to which the momentum has slowed down. The India VIX has been rising since last Friday due to which there has been selling pressure at the higher levels. The Bank Nifty which has the highest weightage in Nifty 50 has also gone sideways since after hitting high on 23rd April 2025, so overall until these two Indices don't take of their recent swing highs and unless the India VIX cools off, the overall trend will be sideways to negative only. So, buy only above 25,150 for the targets of 25,500 and 25,800 with a stop loss of 24,900. Support: 24,500 and 24,400 Resistance: 25,000 and 25,150 Targets: 25,500 and 25,800 Jay Thakkar of ICICI Securities recommends Tata Chemicals June Futures, CONCOR (Container Corporation of India Ltd) June Futures, and Dabur India June Futures. CONCOR share price seems to have formed the base as the price action confirms the higher tops and bottoms and with that the OI has been rising which is a sign of long built up. The stock has witnessed huge long unwinding due to which the stock fell from 1200 to 600 i.e. 50% approximately, hence a bounce back or a retracement of the entire fall can't be ruled out and the minimum targets are 850 and 880. There has been put additions and call unwinding which is a positive sign in the near term, only 800 strike has the highest call OI in the short term, so it is important to take off those levels in order to gain further momentum. The stock is trading above its 20-day VWAP level and that is positive in the near term. Tata Chemicals share price has seem quite a sell off from 1300 to 780 on a closing basis which is nearly 40% from the top. The overall correction was due to long unwinding and now with a breakout above the two previous swing highs and increase in OI there is some long built up seen. The stock is also trading well above its 20-day VWAP i.e. 880, hence the risk: reward on the long side is much favorable. There is a highest call OI at 900 strike, hence above that level it will gain further upward momentum. Dabur share price has witnessed huge shorts since last many quarters and there has been correction and consolidation in the stock. Now, it seems to have reversed as its forming higher tops and bottoms as well as the OI seems to reversing. The stock is hovering around its 20-day VWAP; hence it should bounce from here only, however, some consolidation can't be ruled out. On the options front, it has highest call OI is at 500, so it will gain further momentum only above 500 levels. Disclaimer: The Research Analyst or his relatives or I-Sec do not have actual/beneficial ownership of 1% or more securities of the subject company, at the end of 27/05/2025 or have no other financial interest and do not have any material conflict of interest. The views and recommendations provided in this analysis are those of individual analysts or broking companies, not Mint. We strongly advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and individual circumstances may vary.
Business Upturn
26-05-2025
- Business
- Business Upturn
CONCOR stock in focus after 1:4 bonus issue, Q4 profit dips; Jefferies bullish, HSBC cautious
By News Desk Published on May 26, 2025, 08:33 IST Container Corporation of India Ltd (CONCOR) reported a 1.6% year-on-year decline in net profit to ₹298.5 crore in Q4 FY25, compared to ₹303.3 crore in the same quarter last year. The profit dip was partly attributed to changes in the depreciation calculation method. Revenue also declined 1.6% to ₹2,287.8 crore, down from ₹2,325 crore in Q4 FY24. EBITDA came in at ₹526.6 crore, reflecting a 10% decline from ₹585.7 crore a year ago, leading to a drop in EBITDA margin to 23%, versus 25.2% in the previous year. Despite the soft quarterly performance, CONCOR's board announced a 1:4 bonus share issue, offering 1 new share for every 4 held. The move is expected to enhance stock liquidity and market participation. CONCOR stock: Brokerages split after weak Q4 show HSBC has maintained a Hold rating on CONCOR while cutting its target price to ₹740, citing weak Q4 results. The brokerage noted a 2% decline in revenue and 11% fall in EBITDA, and flagged continued earnings downgrade risk, even though management remains optimistic about growth in domestic and export segments. On the other hand, Jefferies has maintained a Buy rating and raised its target price to ₹825. Although Q4 EBITDA was below estimates due to weak volume growth and EXIM realisations, Jefferies highlighted that management has guided for 13% volume growth in FY26, led by steady 10% growth in EXIM. The brokerage also sees Dedicated Freight Corridor (DFC) connectivity to JNPT as a key catalyst for long-term volume and margin expansion. Jefferies trimmed FY26–27 EBITDA estimates by 1–6% to reflect the Q4 softness, but remains positive on the structural growth story. Disclaimer: This article is for informational purposes only. Business Upturn does not provide any investment advice or stock recommendations. Investors are advised to consult a qualified financial advisor before making any investment decisions. News desk at
Business Standard
23-05-2025
- Business
- Business Standard
CONCOR posts PAT of Rs 298 crore in Q4; board OKs
Container Corporation of India (CONCOR) has reported 5.8% fall in consolidated net profit to Rs 298.53 crore on a 1.6% decline in net sales to Rs 2287.83 crore in Q4 FY25 as compared with Q4 FY24. Total operating expenditure during the period under review added up to Rs 1,847.26 crore, up 1.1% YoY. Profit before tax in Q4 FY25 stood at Rs 391.59 crore, down by 3.6% from Rs 406.40 crore in Q4 FY24. For FY25, CONCOR has registered a consolidated net profit of Rs 1,288.75 crore (up 2.2% YoY) and net sales of Rs 8,887.02 crore (up 2.7% YoY). The companys board has declared a final dividend of Rs 2 per equity share for the year 2024-25. This final dividend is in addition to interim dividend of Rs 2 per share, second interim dividend of Rs 3.25 per share and third interim dividend of Rs 4.25 per share already paid during the year. The board has also approved issuance of bonus equity shares in the ratio 1:4 i.e. one equity shares for every four full paid-up equity shares held by the shareholders of the company as on the record date. Container Corporation of India (CONCOR) is engaged in the business of providing inland transportation of containers by rail. It also covers the management of ports and air cargo complexes and establishes cold chains. The scrip fell 3.44% to currently trade at Rs 713 on the BSE.
