CONCOR
Active threads
CONCOR ups FY27 growth forecast to 18%
State-run logistics company Container Corporation of India Ltd (CONCOR) has raised its volume growth guidance for FY27, with the company expecting stronger momentum in both EXIM and domestic operations over the coming quarters. Sanjay Swarup, Chairman and Managing Director of Container Corporation of India, said the company now expects overall volume growth of 18% for the year, comprising 15% growth in EXIM volumes and 25% growth in the domestic business.
CONCOR Guidance Boosts Share Price
Shares of Container Corporation of India Ltd. (CONCOR) surged as much as 6% on Monday, July 27, after the management, in its post-earnings interaction with CNBC-TV18, raised its full year guidance on Domestic and EXIM volumes, as well as the overall volumes by nearly or more than 100%.
CONCOR, GAIL extend LNG deal for 15 years
CONCOR and GAIL have extended their liquefied natural gas (LNG) agreement to 15 years, setting up an LNG dispensing station in Ahmedabad. Container volumes rose 9% during the June quarter, boosting CONCOR's shares.
CONCOR's Q1 cargo volumes grow nearly 9% as export-import business picks up - CNBC TV18
2 Min Read State-run Container Corporation of India Ltd. (Concor) reported an 8.89% year-on-year increase in container volumes for the quarter ended June, driven by growth in both export-import (EXIM) and domestic cargo. The company handled 14.05 lakh twenty-foot equivalent units (TEUs) during the June quarter, up from 12.90 lakh TEUs a year earlier, according to its provisional operational update.
Intelligence feed
No articles in the last 24 hours.