Container Corp down after report India govt shelves stake sale plan

Container of India

19/06/2024 09:42

** Shares of state-owned Container Corp of India (CONCOR)
 CCRI.NS  down 2.9% after sliding as much as 3.1%
    ** Indian government's planned stake sale in CONCOR has been
shelved, broadcaster CNBC TV18 reported citing sources  
    ** CCRI did not immediately respond to Reuters' request for
comment  
    ** Ministry of Railways held 54.8% stake in the logistics
firm as of March-end, exchange data showed
    ** Average rating of 21 analysts covering the stock is
"hold" - LSEG data

 (Reporting by Hritam Mukherjee in Bengaluru)
 ((Hritam.Mukherjee@thomsonreuters.com;))