Business
June 19, 2023
3 min

TCI Express: Good business prospects, but expensive valuation. What should you do with the stock? - BusinessLine

TCI Express, India's leading player in the express part truck load market, is well-positioned to tap into the opportunities presented by government initiatives, e-commerce trends, and disruptions caused by technology in the logistics sector. The company has a solid long-term growth outlook, and its revenue and earnings have a consensus expectation of a 17 and 24 per cent CAGR respectively by FY2025. With a well-diversified client base, expansion of branches, and automation of sorting centers, TCI Express is poised for further profitability and growth. Investors can hold on to the stock for now.

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Adhikansh Gupta
Content Manager

Writer and editor who covers the latest trends and innovations in the software-as-a-service (SaaS) industry