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Last Updated : Mar 19, 2019 03:00 PM IST | Source:

Buy Container Corporation of India; target of Rs 624: Dolat Capital

Dolat Capital is bullish on Container Corporation of India has recommended buy rating on the stock with a target price of Rs 624 in its research report dated March 05, 2019.

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Dolat Capital's research report on Container Corporation of India

DFC remains the most important long-term trigger as apart from boosting volumes, it will aid margins. Distribution logistics will help reduce rail dependence and counter falling lead distances. Management is confident of managing any further increase in haulage charges, if any, post-election.


Near term, it maintains its FY19 volume guidance despite recent softness in volumes. Re-iterate our BUY with a TP of ` 624.

For all recommendations report, click here

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

First Published on Mar 19, 2019 03:00 pm
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