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Nirmal Bang Report
We recently met with a logistics expert to understand Container Corporation of India Ltd.'s business and related aspects recently.
Post the interaction, we remain bullish on the company.
The speaker stated that the land license fee payable by Concor has not been fixed.
While this certainly increases the uncertainty about the company's valuation, the speaker mentioned that operationalisation of the dedicated freight corridor will help the company in increasing freight volume and lowering costs, thus leading to better profitability going forward.
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