Transport Corporation of India: A consistent performer - Moneycontrol

Transport Corporation of India (TCI) achieved a 16% YoY revenue growth in FY23. The supply-chain business is expected to grow by around 20%, while the seaways business is struggling. The freight business is projected to grow steadily. TCI has a cash surplus of over Rs 200 crores. With strong fundamentals, strategic diversification, and a solid business model, TCI is considered a good investment option.

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