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'Buy' Transport Corp. Of India, Maintains Motilal Oswal, Revises Target Price —  Here's Why

Transport Corporation of India is the only player in the domestic logistics industry that offers services across road, rail, and sea.

<div class="paragraphs"><p>Transport Corporation of India’s diversified logistics network—including road, rail, and sea—remains strong, supporting renewable sector clients and offering comprehensive logistics solutions.</p><p> (Photo source: Company website).</p></div>
Transport Corporation of India’s diversified logistics network—including road, rail, and sea—remains strong, supporting renewable sector clients and offering comprehensive logistics solutions.

(Photo source: Company website).

The logistics industry faced a tough demand environment due to high inflation and geopolitical tensions that adversely impacted EXIM trade, coupled with a continued slowdown in consumption, particularly in rural areas. Despite these challenges, the Transport Corporation of India has demonstrated resilience, with each business segment growing ~14% YoY.
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