Concor: Competition from road sector, high valuations cap upside

Rollout of GST and infra projects could increase competitive intensity for Concor

Ram Prasad Sahu 

Despite the promise of the dedicated freight corridor (DFC) helping it to stay ahead of the competition, Container Corporation of India (Concor) could face a tough time if its recent performance and the market share gains for the road players is anything to go by. Earlier this month, the government had highlighted plans to set up an integrated transport and logistics framework helping create a hub-and-spoke model, lower logistics cost and setting up 35 multi-modal logistics parks (MMLP). Analysts at Antique Stock Broking believe that though the rollout of the infrastructure projects ...

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Concor: Competition from road sector, high valuations cap upside

Rollout of GST and infra projects could increase competitive intensity for Concor

Despite the promise of the dedicated freight corridor (DFC) helping it to stay ahead of competition, Container Corporation of India (Concor) could face a tough time if its recent performance and the market share gains for the road players is anything to go by. Earlier this month, the government had highlighted plans to set up an integrated transport and logistics framework helping create a hub-and-spoke model, lower logistics cost and setting up 35 multi-modal logistics parks (MMLP). Analysts at Antique Stock Broking believe that though the rollout of the infrastructure projects (including DFCs) and implementation of the goods and services tax or GST (with increased share of third party logistics) would help logistics companies, it could also potentially increase competitive intensity for industry leaders (like Concor), which arealso looking to aggressively expand presence through MMLPs.The bigger worry are doubts on the shifting of cargo from rail to road players once the DFC is ... Despite the promise of the dedicated freight corridor (DFC) helping it to stay ahead of the competition, Container Corporation of India (Concor) could face a tough time if its recent performance and the market share gains for the road players is anything to go by. Earlier this month, the government had highlighted plans to set up an integrated transport and logistics framework helping create a hub-and-spoke model, lower logistics cost and setting up 35 multi-modal logistics parks (MMLP). Analysts at Antique Stock Broking believe that though the rollout of the infrastructure projects ... image
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