Container Corporation Of India

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Container Corporation of India Ltd on Thursday reported a 19.9 per cent rise in consolidated profit at Rs 303.80 crore for the quarter ended September 30, 2022. The company's consolidated profit stood at Rs 253.21 crore in the corresponding period of the previous fiscal, Container Corporation of India said in a filing to BSE. Its consolidated income during the July-September quarter increased to Rs 2,030.94 crore, from Rs 1,900.28 crore in the year-ago period.

Pre-EoI meeting expected to be held this week

Latest Railways circular also offers details on various terms of the new 'land lease policy' approved by Cabinet last month; existing landholders can extend their lease for up to another 35 years

Concor's Aggressive capex rollout unlikely, given past record and divestment uncertainty

The cement maker plans to serve its key markets of Chennai, South West Tamil Nadu and Kerala from its Kadapa plant in Andhra Pradesh through this initiative

Brokerage firm Centrum Broking has given a 'buy' call to potential investors for shares such as Container Corporation of India, Polycab India, and Axis Bank

SpiceJet seems to be in a trading range, while Container Corporation of India is holding above its key support level

Most brokerages upgraded the stock on hopes of margin improvement in FY22

The stock has surpassed its previous 52-week high of Rs 644, touched on March 4, 2021

Indian Railways is discussing if its current 25% discount for moving empty containers inland along some routes needs to be extended beyond March

In addition to volume gains, lower pledges and acquisitions such as Concor would be new triggers

The resolution of land licence fee however remains the key trigger

Railway ministry denies charge, says divestment planned for next year

From government working on pricing of the coronavirus vaccine to decks being cleared for Container Corporation privatisation, here are top headlines this morning

The policy will provide clarity on lease rates the new buyer of the company will have to pay

In terms of tonnage, the container cargo declined 22.45 per cent to 49.26 million tonnes (MT) during the period

Total income during the April-June period of the current fiscal dipped to Rs 1,251.50 crore from Rs 1,722.79 crore in the year-ago period

Total income during the April-June period of the current fiscal dipped to Rs 1,251.50 crore from Rs 1,722.79 crore in the year-ago period