Container Corporation of India falls as brokerages flag earnings miss

Container of India

06/08/2025 07:41

** Shares of Container Corporation of India CCRI.NS fall 4% to 555 rupees

** State-run transportation and logistics co posts 7.8% Y/Y rise in June-qtr consol net profit, rev from ops up 2.4% Y/Y

** However, J.P. Morgan and Morgan Stanley say co missed their earnings estimates

** J.P. Morgan flags continued earnings misses; expects consensus downgrades due to weak domestic revenue and margin contraction

** More than 1.5 mln shares change hands, 1.2x of 30-day avg

** CCRI rated "hold" by 18 analysts on average; median target price is 592 rupees – data compiled by LSEG

** Stock down 11.8% YTD

 (Reporting by Rudra Pratap Singh in Bengaluru)

 ((rudrapratap.singh@thomsonreuters.com))