The Economic Times
English EditionEnglish Editionहिन्दी
| E-Paper
Search
+

    Sell Container Corporation, price target Rs 538: Arun Kumar

    Synopsis

    The analyst suggested a stoploss at Rs 567.

    Shutterstock.com
    Container Corporation of India Ltd., incorporated in the year 1988, is a Large Cap company (having a market cap of Rs 33949.88 Crore) operating in Logistics sector.

    INSIGHTS

    Read Stock Insights by ET for a quick analysis

    Explore Now
    Arun Kumar of Reliance Securities has a sell call on Container Corporation of India Ltd. with a target price of Rs 538.0 . The current price of Container Corporation of India Ltd. is Rs 559.05 . Arun Kumar recommended to keep a stoploss at Rs 567 .

    Container Corporation of India Ltd., incorporated in the year 1988, is a Large Cap company (having a market cap of Rs 33949.88 Crore) operating in Logistics sector.

    Container Corporation of India Ltd. key Products/Revenue Segments include Freight which contributed Rs 5371.95 Crore to Sales Value (76.89 % of Total Sales), Other Services which contributed Rs 913.86 Crore to Sales Value (13.08 % of Total Sales), Export Incentives which contributed Rs 372.12 Crore to Sales Value (5.32 % of Total Sales) and Other Operating Revenue which contributed Rs 327.73 Crore to Sales Value (4.69 % of Total Sales)for the year ending 31-Mar-2019.

    For the quarter ended 30-09-2019, the company has reported a Consolidated sales of Rs 1755.61 Crore, up 6.09 % from last quarter Sales of Rs 1654.76 Crore and down -4.44 % from last year same quarter Sales of Rs 1837.25 Crore Company has reported net profit after tax of Rs -344.38 Crore in latest quarter.

    The company’s top management includes Mr.Anjaneya Prasad Mocherla, Mr.Deepak Shetty, Mr.Lov Verma, Mr.M K Jayasankar, Mr.Manoj Kumar Dubey, Mr.Manoj Kumar Srivastava, Mr.Pradip K Agrawal, Mr.Rahul Mithal, Mr.Sanjay Bajpai, Mr.Sanjay Swarup, Mr.V Kalyana Rama, Mrs.Vanita Seth. Company has Arun K Agarwal & Associates as its auditoRs As on 30-09-2019, the company has a total of 609,294,348 shares outstanding.
    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    1 Comment on this Story

    test364 days ago
    good
    Read before you invest. Insights on Container Corporation of India Ltd.. Explore Now
    The Economic Times