Transport Corporation of India (TCI) shares slip due to profit booking after reaching an all-time high following its first-ever buyback proposal.
The logistics and supply chain solutions provider does not foresee any major impact from headwinds in India’s exports and e-commerce segments.
TCI has already tested some of the application programming interfaces (APIs) available on ULIP.
Net Sales are expected to increase by 10.1 percent Y-o-Y (down 1 percent Q-o-Q) to Rs. 922 crore, according to Sharekhan.
Agarwal said that his company plans to invest Rs 200-250 crore as capital expenditure to boost capacity of its non-road assets in the next four years. Most of that will be used to acquire new ships, containers and working assets, and for the construction of warehouses.
The company had posted a standalone Profit After Tax (PAT) of Rs 48 crore in the first quarter of FY22.
Transport Corporation of India is a well-run business with ample growth opportunities across each of its segments. The business enjoys strong fundamentals and offers solid long-term investment opportunity at reasonable valuations. TCI had surged 70 percent in May-June on the back of strong quarterly earnings but has cooled off in recent weeks. Here’s why you should use the dip as an opportunity to invest.
The latest quarter results highlight the competitive advantages as well as the strategic initiatives that the TCI management has undertaken since the beginning of the pandemic
As we go down the value chain, it becomes apparent that storage and distribution, which would require cold chains, present new challenges and opportunities
Sakshi Batra does a 3 point analysis on the fine print of the companies' Q2 earnings.
Aided by industry tailwinds and increased economic activity, the managements expects the momentum to continue in FY19 and expects a topline growth of 15 percent.
The long term trajectory of the market will remain towards an upward trend.
For the entire 2015-16, the firm's net profit rose to Rs 85.06 crore from Rs 75.95 crore in 2014-15. Revenues were higher at Rs 2,270 crore from Rs 2,209 crore during the same period.
Here are stocks likely to be in focus in the trade today.
The funding would allow the Cornell University project to scale up its work promoting a more nutrition-sensitive food system aimed at bolstering the diet of the rural poor, particularly for women and children, a release said on Thursday.
GEPL Capital is bullish on Transport Corporation of India (TCI) and has recommended buy rating on the stock with a target price of Rs 341, in its research report dated January 22, 2015.
According to Ashish Chugh, Investment Analyst, one may prefer Transport Corporation of India (TCI), which is available at very reasonable valuations.
The Children's Investment Fund Management (TCI), a UK-based investor has nearly 19 pct of its Coal India stake, says sources.
S Narsing Rao, CMD of Coal India, is optimistic that issues with NTPC on the quality of coal can be sorted out.
Never before has India seen a David versus Goliath battle of this nature. In classic terms, its shareholders versus the company promoter and management.
After months of threatening to do so, The Children Investment (TCI) finally moved the Delhi HC this week against Coal India and the govt. TCI has been crying foul ever since the government had directed Coal India to roll back a price hike in January.
Delhi High Court has admitted UK-based The Children's Investment Fund (TCI's) plea against Coal India and the govt of India issuing notices to both Coal India and the coal ministry.
After threatening to do so for over two months, the UK-based The Children‘s Investment Fund (TCI) has finally moved the Delhi High Court against Coal India and the govt.
Country's largest coal producer Coal India has introduced a one-time offer that allows power utilities to lift the fuel directly from mines.
UK-based The Children's Investment Fund (TCI) today warned Coal India Ltd (CIL) of legal recourse if the PSU failed to meet June-end deadline to set FSA coal price at market level.