Latest news with #ContainerCorporationofIndiaLimited
Business Insider
09-08-2025
- Business
- Business Insider
J.P. Morgan Sticks to Its Hold Rating for Container Corporation of India Limited (CONCOR)
In a report released on August 6, Amyn Pirani from J.P. Morgan maintained a Hold rating on Container Corporation of India Limited, with a price target of INR635.00. The company's shares closed yesterday at INR556.65. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Pirani covers the Consumer Cyclical sector, focusing on stocks such as Bajaj Auto Limited, Eicher Motors Limited, and Hero Motocorp Limited. According to TipRanks, Pirani has an average return of 9.3% and a 78.13% success rate on recommended stocks. Currently, the analyst consensus on Container Corporation of India Limited is a Hold with an average price target of INR635.00, which is a 14.08% upside from current levels. In a report released on July 26, TR | OpenAI – 4o also reiterated a Hold rating on the stock with a INR655.00 price target. The company has a one-year high of INR805.52 and a one-year low of INR481.32. Currently, Container Corporation of India Limited has an average volume of 79.47K.
Business Upturn
01-07-2025
- Business
- Business Upturn
CONCOR launches bulk cement transport using specialized tank containers; first consignment dispatched from Andhra Pradesh to Bengaluru
By Aditya Bhagchandani Published on July 1, 2025, 12:38 IST Container Corporation of India Limited (CONCOR) has introduced a new logistics solution for the cement industry by launching specialized tank containers for bulk cement transportation in loose form. The company announced that the first real-time movement of these specialized containers has commenced from My Home Cement Siding (MMHM) at Mellacheruvu in Andhra Pradesh to CONCOR's Inland Container Depot (ICD) at Whitefield, Bengaluru. This development marks a major milestone in CONCOR's efforts to offer eco-friendly, cost-effective, and efficient logistics solutions. The initiative is expected to reduce the cement industry's reliance on traditional bagged transport, promoting faster and safer movement through India's rail network. CONCOR highlighted that this shift aligns with India's goal of advancing green and multimodal logistics while enhancing operational efficiency for cement manufacturers. The company plans to continue expanding such solutions to serve key sectors of the Indian economy. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
