Buy Container Corporation of India, target Rs 1,225: Dr CK Narayan

Dr CK Narayan of Chart Advise has a buy call on Container Corporation of India with a target price of Rs 1,225.

The current market price of Container Corporation of India is Rs 1,199.2.

Time period given by analyst is intraday when Container Corporation of India price can reach defined target.

Dr CK Narayan recommended to keep stoploss at Rs 1,185.

Container Corporation of India, incorporated in the year 1988, is a Large Cap company (having a market cap of Rs 28833.03 crore) operating in Transport sector.

Container Corporation of India key Products/Revenue Segments include Freight which contributed Rs 4717.47 crore to Sales Value (82.14 % of Total Sales), Other Services which contributed Rs 917.17 crore to Sales Value (15.97 % of Total Sales) and Other Operating Revenue which contributed Rs 107.94 crore to Sales Value (1.87 % of Total Sales)for the year ending 31-Mar-2016.

The company’s top management includes Dr.P Alli Rani, Mr.Kamlesh Shivji Vikamsey, Mr.Pradip K Agrawal, Mr.S K Sharma, Mr.Sanjay Bajpai, Mr.Sanjeev S Shah, Mr.V Kalyana Rama, Mr.Yash Vardhan. Company has Arun K Agarwal & Associates as its auditors. As on 06-04-2017, the company has a total of 243,717,739 shares outstanding.