English
Specials
    Upgrade
    MoneycontrolBe a PRO
    Moneycontrol PRO
    Open App
    you are here: HomeNewsBusinessMoneycontrol Research

    Transport Corporation of India: Back on the highway

    While the manufacturing sector has bounced back, the revival in construction activities and higher government spending augur well for the logistics player like TCI

    Sachin Pal
    March 02, 2021 / 06:22 PM IST
    Transport Corporation of India: Back on the highway

    Representative image

    PRO Only Highlights
    -      Quarterly performance largely backed by improved realisations
    -      Medium-term triggers China plus and protectionist measures for tyre industry
    -      Valuations not inexpensive; but improved medium-term outlook

    Multimodal logistics service provider Transport Corporation of India (TCI) ended the year 2020 on a positive note, with the December quarter earnings rising 25 per cent year on year (YoY). TCI’s strong execution and its focus on technology continue to drive its outperformance relative to expectations. Key result highlights In Q3 FY21, TCI’s sales rose 14 per cent year on year (YoY) to Rs 807 crore. Operating margins benefitted from improved market conditions and cost efficiencies. The earnings before...

    • PRO Panorama

      Moneycontrol Pro Panorama | Heading towards capitulation? 

      Sep 27, 2022 / 02:19 PM IST

      In today’s edition of Moneycontrol Pro Panorama: New opportunities and challenges for solar sector, slow GDP likely in India's future, online gaming ecosystem in trouble, what's driving the SME IPO frenzy, and more

      Read Now
    • PRO Weekender

      Moneycontrol Pro Weekender | Fighting the Fed 

      Sep 3, 2022 / 10:06 AM IST

      India is bracing for the ripple effect of the frontloading of rate hikes by the US Fed. The question is, can it have the last laugh

      Read Now

    To read the full story, Subscribe to Moneycontrol PRO

    Access the exclusive stories, weekly investment ideas and daily technical calls in an Ad free experience

    View Plans

    Already a member? Sign in

    Limited Period offer on Moneycontrol PRO. Subscribe to PRO and get up to

    50% OFF

    What Do You Get

    • Ad free experience

      Experience a non-intrusive navigation and faster response in the ad free mode

    • Sharpest Opinions

      Access to 230+ exclusive stories per month from our editorial and Experts

    • +

      Have a Global edge with access to content from world renowned experts and journalist

    • Actionable Insights

      Access to 40+ weekly investment ideas including 4 daily technical calls

    • Virtual Events

      Exclusive access to live webinars from market experts on trading and investment strategies

    • Newsletters

      Daily and weekly insights bundled and sent to your inbox to keep you ahead in the race.

    View Offers

    Get upto 50% discount on limited period offers