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This Article is From Apr 06, 2022

Transport Corporation of India - Well Placed With Multi-Modal Logistics Capabilities: Motilal Oswal

Transport Corporation of India - Well Placed With Multi-Modal Logistics Capabilities: Motilal Oswal
Fleet of Transport Corporation of India Ltd. (Image: Company website)

BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

Transport Corporation of India Ltd. has developed robust capabilities in multimodal logistics via its presence across major transportation modes.

The company has well-diversified service offerings from road freight, integrated supply chain solutions, sea freight, to a joint venture with Container Corporation of India Ltd. for rail freight.

These capabilities would be a key enabler for consistent growth in volumes and earnings for TCI over the next few years. With an improving share of the seaways segment, margin is expected to remain at elevated levels.

TCI has contracts in place with customers for passing on the increase in diesel prices. With strong volumes, a rise in freight rates may be seamless. The impact of a diesel price increase on margin is also expected to be minimal.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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