Buy Container Corporation of India Ltd. target Rs 1265.0 : Dr CK Narayan

Dr CK Narayan of Chart Advise has buy call on Container Corporation of India Ltd. with a target price of Rs 1265.0 . The current market price of Container Corporation of India Ltd. is Rs 1296.7 Time period given by analyst is Intra Day when Container Corporation of India Ltd. price can reach defined target. Dr CK Narayan recommended to keep stoploss at Rs 1300
Container Corporation of India Ltd., incorporated in the year 1988, is a Large Cap company (having a market cap of Rs 31211.71 Crore) operating in Transport sector.

Container Corporation of India Ltd. key Products/Revenue Segments include Freight which contributed Rs 4430.75 Crore to Sales Value (78.07 % of Total Sales), Other Services which contributed Rs 904.87 Crore to Sales Value (15.94 % of Total Sales), Export Incentives which contributed Rs 233.10 Crore to Sales Value (4.10 % of Total Sales) and Other Operating Revenue which contributed Rs 106.38 Crore to Sales Value (1.87 % of Total Sales)for the year ending 31-Mar-2017.

For the quarter ended 30-09-2017, the company has reported a Standalone sales of Rs 1430.18 Crore, down -1.83 % from last quarter Sales of Rs 1456.80 Crore and up 3.74 % from last year same quarter Sales of Rs 1378.61 Crore Company has reported net profit after tax of Rs 222.94 Crore in latest quarter. The company’s top management includes Mr.Anjaneya Prasad Mocherla, Mr.Kamlesh Shivji Vikamsey, Mr.Lov Verma, Mr.Prabhas Dansana, Mr.Pradip K Agrawal, Mr.Rahul Mithal, Mr.Sanjay Bajpai, Mr.Sanjay Swarup, Mr.Sanjeev S Shah, Mr.V Kalyana Rama, Mrs.Vanita Seth. Company has Arun K Agarwal & Associates as its auditoRs As on 30-09-2017, the company has a total of 243,717,739 shares outstanding.