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    HomeNewsBusinessEarningsContainer Corp Q1 PAT seen up 11.7% YoY to Rs. 284.7 cr: ICICI Direct

    Container Corp Q1 PAT seen up 11.7% YoY to Rs. 284.7 cr: ICICI Direct

    Net Sales are expected to increase by 11.5 percent Y-o-Y (down 1.3 percent Q-o-Q) to Rs. 2,015.9 crore, according to ICICI Direct.

    Broker Research
    July 14, 2022 / 21:32 IST
    Container Corporation Of India: Three PSU equity schemes Aditya Birla SL PSU Equity, Invesco India PSU Equity and SBI PSU Fund had allocation in the stock. ICICI Direct and Motilal Oswal were few brokers gave buy recommendation in the stock in May month.

    Container Corporation Of India: Three PSU equity schemes Aditya Birla SL PSU Equity, Invesco India PSU Equity and SBI PSU Fund had allocation in the stock. ICICI Direct and Motilal Oswal were few brokers gave buy recommendation in the stock in May month.

     
     
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    ICICI Direct has come out with its first quarter (April-June’ 22) earnings estimates for the Logistics sector. The brokerage house expects Container Corp to report net profit at Rs. 284.7 crore up 11.7% year-on-year (up 10.9% quarter-on-quarter).

    Net Sales are expected to increase by 11.5 percent Y-o-Y (down 1.3 percent Q-o-Q) to Rs. 2,015.9 crore, according to ICICI Direct.

    Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 6 percent Y-o-Y (up 11.4 percent Q-o-Q) to Rs. 459.6 crore.

    Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

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    Broker Research
    first published: Jul 14, 2022 09:32 pm

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