Container Corporation of India Ltd.

th_container_corporation

§ Logistics as a sector is still an emerging sector in the country and, hence, has a huge untapped growth potential, especially so for containerisation.

§ The company has vast infrastructure network, well-diversified port portfolio and large wagon fleet, market leadership and strong balance sheet (sufficient cash and zero debt company) unlike some of its peers.

§ The company has a total capex plan of Rs 3,000 crore over a span of five years.

§ The company is mulling a special package to boost movement of containerised traffic by rail between the North-Eastern States and the rest of the country. The focus will be on providing additional capacity and better services at competitive rates.

§ The company will set up a freight logistics park; spread over 151 acres at Khodiyar in Gandhinagar at an estimated investment of Rs.1 cr. It is expected to help manufacturers, distributors, retailers, and exporters and importers to reduce costs and frictions in their supply chain.

§ At the current market price of Rs.736.1, stock is trading at 11.46x P/E and 2.51 P/BV and as per market estimates for FY10E at 10.83x P/E and 2.07 P/BV.

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • bodytext
  • del.icio.us
  • Facebook
  • Google
  • blogmarks
  • IndianPad
  • Reddit
  • Technorati
  • YahooMyWeb
Share This Post

Posted by tarun on May 12th, 2009 | Filed in Indian stock market | Comment now »

Leave a Comment

Copyrights © MyValueResearch | by INH | Indyahub
Disclaimer: The information contained and provided on www.myvalueresearch.com is of a general nature and it is not the intention of the Owner of the Site to provide any professional advice, recommendation to buy, sell or hold a security to the Registered Users and/or Viewers of the Site. The authors may buy and sell securities before and after any particular article/report/ information herein is published, with respect to the securities discussed in any article/ report posted herein. In no event shall www.myvalueresearch.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.myvalueresearch.com. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. No action is courted on the basis of the contents of the report. It is possible that the articles/views written on the Site can be taken from publicly available sources. The Viewers must exercise due caution and must verify any and all information required to be relied upon and/or seek independent professional advice before the Viewers enters into any commercial or business relationship or transaction with any person or entity, and /or any other party or makes any investment or enters into any financial obligation based solely on any information, statement or opinion which is contained, provided, posted or expressed on the Site. Views expressed are personal and does not represent that of the company where the owner of this Site is working.