Stock Report

CONCOR & SCI ink MoU to provide seamless end to end logistics solution

Posted On : 2024-06-06 08:29:14( TIMEZONE : IST )

Container Corporation of India Ltd. (CONCOR) and Shipping Corporation of India Ltd. (SCI) signed an MOU on 03rd June 2024 in Delhi, in the presence of Senior Officials of CONCOR and SCI.

CONCOR is a leading Logistics service provider with largest fleet of Container trains and wide network of Container Terminals across the country.

The Shipping Corporation of India Ltd. is today the only Indian Shipping Company operating break-bulk services, international container services, liquid/dry bulk services, offshore services, passenger services.

Both companies intend to explore business opportunities for leveraging the advantage of each other's infrastructure and experience in synergy to offer seamless and costeffective end-to-end logistics services to customers under a single window. On this ocassion, Shri Sanjay Swarup, CMD,CONCOR stated that this MoU will enable us to utilise SCI's shipping services to develop CONCOR's Footprint at overseas locations and also to foray in the field of Coastal & Inland Waterways trade to offer a wide range of customisable logistics solution for the benefit of trade at large.

CONCOR and SCI have collaborated to provide Integrated Logistics solutions to customers and to explore the potential areas of cooperation in Multimodal Transportation covering Ocean, Rail, Road, & Inland Waterways for ushering Port to last-mile connectivity.

Shares of Container Corporation of India Limited was last trading in BSE at Rs. 991.35 as compared to the previous close of Rs. 948.35. The total number of shares traded during the day was 197074 in over 10114 trades.

The stock hit an intraday high of Rs. 1004.15 and intraday low of 890.80. The net turnover during the day was Rs. 189242665.00.

Shares of Shipping Corporation Of India Limited was last trading in BSE at Rs. 224.75 as compared to the previous close of Rs. 215.00. The total number of shares traded during the day was 1025880 in over 17242 trades.

The stock hit an intraday high of Rs. 225.90 and intraday low of 203.40. The net turnover during the day was Rs. 222842346.00.