Transport Corporation of India shares gain 4% as Motilal Oswal maintains 'buy' rating

Shares of the firm have gained around 21 percent over the past 12 months.

Trade

• Watchlist
• Portfolio
• Message
• Set Alert

 

 

Choose Stock Exchange: BSE LIVE NSE LIVE

26 Aug, 2025 12:21

Volume

Todays L/H

More

×

Transport Corporation of India shares gained close to 4 percent in trade on Tuesday, January 28, with Motilal Oswal reiterates 'buy' rating on Transport Corporation of India with target of Rs 1,370 following the firm's positive Q3 show.

Transport Corporation of India shares are currently trading at Rs 1,028.25 which is up by 3.76 percent, as at 1:15 pm on January 28.

Read about Stock Market updates LIVE

Motilal Oswal has largely maintained its estimates for FY25, FY26, and FY27 and continues to reiterate its BUY rating on the stock with a target price of Rs 1,370, based on a 20x multiple of the September 2026 EPS.

Transport Corporation of India  reported a 14.5 percent year-on-year (YoY) growth in revenue to approximately Rs 11.5 billion for 3QFY25, while EBITDA rose 19 percent YoY to Rs 1.2 billion. Its APAT grew 27 percent YoY to Rs 1 billion.

The EBITDA margin came in at 10.3 percent, up 40 basis points YoY but slightly down by about 10 basis points QoQ.

For the first nine months of FY25, TRPC’s revenue, EBITDA, and APAT grew 12.5 percent, 12.7 percent, and 19.9 percent YoY, respectively, reaching Rs 33.1 billion, Rs 3.4 billion, and Rs 2.3 billion.

The performance for 3QFY25 was in line with Motilal Oswal’s estimates, with strong growth from the supply chain and seaways segments, both expected to continue expanding in the future.

The brokerage house says that the supply chain segment’s revenue contribution is likely to increase, while the seaways division is poised for strong growth in 4QFY25, with all ships now operational. Additionally, the freight services segment is set to gain momentum as infrastructure spending accelerates.

Over the past one year, shares of the firm have gained around 21 percent in trade, outperforming the benchmark Nifty 50 index which has gained around 6.3 percent during the same time.

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