- Container Corp reported a net income of 3.43 billion rupees for Q3, which is a 2.7% increase year-over-year but below the estimated 3.65 billion rupees.
- The company’s revenue dropped by 0.2% year-over-year to 22 billion rupees, missing the forecasted 23.92 billion rupees.
- Total costs for the quarter were 18.4 billion rupees, showing a 1.6% decrease from the previous year.
- The Exim segment’s revenue fell by 3.5% year-over-year to 13.9 billion rupees, below the estimated 15.84 billion rupees.
- A dividend of 4.25 rupees per share was declared for the shareholders.
- Analysts’ recommendations on the stock include 13 buy ratings, 4 hold ratings, and 5 sells.
A look at Container Corp of India Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 4.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Container Corporation of India Limited, a leading provider of railway cargo services and bonded warehousing facilities, shows a promising long-term outlook based on its Smartkarma Smart Scores. With a solid Dividend score of 5 and an equally strong Resilience score of 5, the company demonstrates stability and a commitment to rewarding its investors. Furthermore, Container Corp of India achieves a respectable Growth score of 4, indicating potential for expansion and development in the future. While the Value and Momentum scores stand at 3, suggesting room for improvement in these areas, the overall outlook for the company appears optimistic, backed by its strong performance across multiple key factors.
In summary, Container Corporation of India Limited emerges as a robust player in the railway cargo and warehousing sector, as depicted by its favorable Smartkarma Smart Scores. With a focus on delivering value to shareholders through dividends and showcasing resilience in the face of challenges, the company positions itself well for long-term success. The notable growth potential further adds to the positive outlook for Container Corp of India, highlighting its capacity for future expansion and enhancement of its services.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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