Navkar Corp rallies 16% in 2 sessions on getting Category 1 – CTO license

Shares of Navkar Corporation have rallied over 25 per cent in two days after the Northern Railways gave approval for Category 1 – CTO license from Arshiya Rail Infrastructure to Navkar Corporation earlier in the week.

The stock went to the day's high of Rs 60.8, up 18 per cent over the previous close. On Thursday, the stock gained nearly 8 per cent on Thursday.

With effect from June 7, 2022, Navkar Corporation is a licensed Category 1 – Container Train Operator till May 8, 2028, as a fresh concession agreement has been executed between Railway Administration and the Company.


Navkar Corporation caters to logistics and is a Container Service Operator and is a Container Freight Station (CFS). It offers various types of cargo handling, container storage, warehousing and houses a private railway freight terminal enabling it to transport cargo throughout India using the Indian rail network.

Navkar Corporation is a smallcap company with a market cap of Rs 870 crore. The stock has a 3-year return of 66.24 per cent as compared to the 40 per cent upside seen in the Nifty Smallcap 100.

Promoters held a 69.03 per cent share in the company as of March 31, 2022.