Container Corporation of India gains on getting new CMD - Moneycontrol

Sanjay Swarup has been appointed as the new chairman and managing director of Container Corporation of India (Concor). This move is expected to enhance the company's operations and strengthen its position in the industry. Goldman Sachs has upgraded Concor to "buy" and raised the target price to Rs 720 a share, citing its dominant market share in India's rail logistics sector and the expected benefits from rail containerisation. Concor has given a return of 12.09 percent over the last six months.

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