Buy Container Corporation of India, price target Rs 600: Jay Thakkar

Jay Thakkar of Anand Rathi has a buy call on Container Corporation of India Ltd. with a target price of Rs 600.0 . The current price of Container Corporation of India Ltd. is Rs 581.45 Time period given by the analyst is Intra Day when Container Corporation of India Ltd. price can reach defined target. Jay Thakkar recommended to keep a stoploss at Rs 568 .

Container Corporation of India Ltd., incorporated in 1988, has a market cap of Rs 35427.42 crore.
Container Corporation of India Ltd. key Products/Revenue Segments include Freight which contributed Rs 5371.95 Crore to Sales Value (76.89 % of Total Sales), Other Services which contributed Rs 913.86 Crore to Sales Value (13.08 % of Total Sales), Export Incentives which contributed Rs 372.12 Crore to Sales Value (5.32 % of Total Sales) and Other Operating Revenue which contributed Rs 327.73 Crore to Sales Value (4.69 % of Total Sales)for the year ending 31-Mar-2019.


For the quarter ended 30-09-2019, the company has reported a Consolidated sales of Rs 1755.61 Crore, up 6.09 % from last quarter Sales of Rs 1654.76 Crore and down -4.44 % from last year same quarter Sales of Rs 1837.25 Crore Company has reported net profit after tax of Rs -344.38 Crore in latest quarter.

The company’s top management includes Mr.Anjaneya Prasad Mocherla, Mr.Deepak Shetty, Mr.Lov Verma, Mr.M K Jayasankar, Mr.Manoj Kumar Dubey, Mr.Manoj Kumar Srivastava, Mr.Pradip K Agrawal, Mr.Rahul Mithal, Mr.Sanjay Bajpai, Mr.Sanjay Swarup, Mr.V Kalyana Rama, Mrs.Vanita Seth. Company has Arun K Agarwal & Associates as its auditors. As on 30-09-2019, the company has a total of 609,294,348 shares outstanding.