Container Corp of India hits record high

Container of India

27/10/2022 10:12

** Container Corp of India's shares  CCRI.NS  rise as much
as 4.83% to a record high of 796 rupees
    ** Reuters reported on Oct. 18 that govt was at an advanced
stage for inviting initial bids for privatisation of the
state-owned logistics firm 
    ** Stock has gained a little over 9% in the 6 sessions
since, and taken YTD gains to ~28%
    ** ~3.5 mln shares traded by 0910 GMT Thurs, 2x the 30-day
avg
    ** 19 of 24 analysts covering CCRI rate it "buy" or higher,
2 "hold" and 3 "sell"; median PT is 783 rupees - Refinitiv data
 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))