ADVERTISEMENT
TCI Express Q3 Results Review: Motilal Oswal Reiterates 'Neutral' Stance, Revises Target Price — Here's Why
Motilal Oswal reiterates Neutral stance on the stock with a revised target price of Rs 785 (based on 22x Sep-26E earnings per share).
07 Feb 2025, 01:39 PM IST 
TCI Express' volumes in Q3 FY25 stood at 0.24 million tonnes (down 3% YoY).
(Photo Source: Company website)
TCI Express has struggled to generate volumes, which has adversely affected growth and margins. Volume growth is likely to remain muted in the near to medium term.
