Buy
Posted by :
sanjeev3430In my opinion, Baliga and Karvy guys are big jokers. In fact most of the guys coming on tv are jokers. I think most neutral views are from Udayan and Lata. Most of the brokers can be flushed down the toilet....
NSE Announcements on Container Corp
Posted by :
MMB MessengerContainer Corporation Of India Limited has informed the Exchange that "Shri Anil K. Gupta, Director (Domestic) has taken over the additional charge of Managing Director / CONCOR w.e.f. 01.11.2009 for a period of six months, or till a new incumbent joins or until further orders, whichever is earlier"....
BSE Announcements on Container Corp
Posted by :
MMB MessengerContainer Corporation of India (CONCOR) Ltd has informed BSE that Shri. Anil K. Gupta, Director (Domestic) has taken over the additional charge of Managing Director / CONCOR w.e.f. November 01, 2009 for a period of six months, or till a new incumbent joins or until further orders, whichever is earlier....
Buy Container Corporation of India
Posted by :
vikas0622
Hold
Price: Rs1145 Target Price (Sept 10): Rs1,152
Downgrade to Hold
* EBITDA margin declined due to lower import throughput
(TEUs): Concor reported Net sales of Rs9.59 bn against the estimate
of Rs 9.50 bn. EBITDA margin declined to 26.4% with lower imports
witnessed in Q2 FY10 quarter (see exhibit for export-import
throughput), resulting in reduction of ground rent. Also competitions
from private operators in the domestic routes lead to jockeying for
market share by way of price reduction, leading to decline in margins.
However, with expected volume uptick with the existing pricing, we
believe margins would revert to 27-28% levels.
* Idle rakes reduced: With continued momentum in the domestic route
and the uptick in exports, idle rakes have reduced in the system and
we expect utilisation would increase with continued growth in domestic
and uptick in EXIM.
* View on the stock: We continue to expect earnings growth of 11%
for FY11E to Rs 9.3 bn, leading to EPS of Rs72. The stock trades at
16x, in line with our target multiple. We believe the stock factors in the
potential earnings growth and thus downgrade it to Hold with the
retained target price of Rs 1152.
* Risks: Higher than our volume estimate may lead to higher sales and
PAT growth.
Note: More intra-day opportunities will be provided
live during the market hours
For more details Contact : 0712 - 2567489
Contact : +91 9822226867...
Buy
Posted by :
sunilmahlawat
Donot worry, have patience, nothing going to happen after 2~3 month you will see tis stock at 1600+, company have good profit(~23%) in this slow economi, no company have such great results.
Ignore all false predictions...
Buy
Posted by :
sunilmahlawat
You are absolutely correct, this stock i am tracking last 3-years, it gives me every time good return, KARVY`s prediction always make when they want to buy that share, there prediction always goes wrong.
Have faith, this will be a very good return share....
NSE Announcements on Container Corp
Posted by :
MMB MessengerContainer Corporation Of India Limited has informed the Exchange vide notes to Accounts in the unaudited financial results for the quarter and six month ended September 30, 2009 (taken on record by the Board of Directors of the Company at its meeting held on October 14, 2009) that: "The auditors qualifications on the accounts for the year ended 31st March, 2009 have been replied to in the Directors Report of F.Y. 2008-09. These qualifications have no material impact on the accounts for the quarter/period ended on 30th September 2009."...
Buy
Posted by :
kalakkuttan
Bansi,
Just ignore Karvy`s target.They always do this when ever they want to accumulate.
The delivery position of this stock is 90%+ everyday.You may sell it at it`s yearly high, but buy back immediately.Public owns only 19% of this stock.Hence it is so illiquid.This stock is like Wipro or wyeth.Same Baliga of Karvy has given a target 340 for Tata steel.
Just ignore and have faith in Concor because you are owning a business as good as INDIAN RAILWAYS!
Happy investing...
NSE Announcements on Container Corp
Posted by :
MMB MessengerContainer Corporation of India Limited has informed the Exchange regarding the standalone Results for the quarter ended on 30-SEP-2009 as follows: Net Sales of Rs. 95990.27 lacs for quarter ending on 30-SEP-2009 against Rs. 90336.08 lacs for the quarter ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 20434.75 lacs for the quarter ending on 30-SEP-2009 against Rs. 22368.09 lacs for the quarter ending on 30-SEP-2008....
NSE Announcements on Container Corp
Posted by :
MMB MessengerContainer Corporation of India Limited has informed the Exchange regarding the standalone Results for the half year ended on 30-SEP-2009 as follows: Net Sales of Rs. 186728.46 lacs for half year ending on 30-SEP-2009 against Rs. 172620.04 lacs for the half year ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 40524.63 lacs for the half year ending on 30-SEP-2009 against Rs. 42551.45 lacs for the half year ending on 30-SEP-2008....
Container Corporation announces Q2 results
Posted by :
jaisankarThe Company has posted a net profit of Rs 2043.475 million for the quarter ended September 30, 2009 as compared to Rs 2236.809 million for the quarter ended September 30, 2008. Total Income has increased from Rs 9507.468 million for the quarter ended September 30, 2008 to Rs 10038.523 million for the quarter ended September 30, 2009....
BSE Announcements on Container Corp
Posted by :
MMB Messenger
Container Corporation of India Ltd has announced the following Unaudited results for the quarter ended September 30, 2009:
The Company has posted a net profit of Rs 2043.475 million for the quarter ended September 30, 2009 as compared to Rs 2236.809 million for the quarter ended September 30, 2008. Total Income has increased from Rs 9507.468 million for the quarter ended September 30, 2008 to Rs 10038.523 million for the quarter ended September 30, 2009....
Buy
Posted by :
bansishende
Karvy have given a target of 852 for Concor with under performer rating . The stock price has come downfrom about 1180 to 1140 today while the company aord is in meeting today to discuss 2nd qtr results . I am very optimistic about the company but the above input and observation is upsetting . Does anyone know the truth?
...
This company as this is fundamentally good company and share prices up by 20% to 40% reset 6months....
BSE Announcements on Container Corp
Posted by :
MMB MessengerContainer Corporation of India Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 14, 2009, inter alia, to consider the approval of Un-audited Financial Results & Segment wise Revenue Results & Capital Employed for the quarter ended on September 30, 2009 (Q2)....



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