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Standout Brokerage Report: Macquarie upgrades CONCOR to 'outperform'; raises TP to Rs 685
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Standout Brokerage Report: Macquarie upgrades CONCOR to 'outperform'; raises TP to Rs 685
Apr 8, 2021 1:26 AM

Macquarie has upgraded Container Corporation (CONCOR) to ‘outperform’ from ‘neutral’, raising the target price to Rs 685.

Share Market Live

NSE

The large upgrade is on the backs of lower than expected LLF, which has come at Rs 600 crore versus the railways demand of Rs 1,350 crore. Macquarie believes it is positive for CONCOR.

Watch the accompanying video of CNBC-TV18’s Nimesh Shah for more details.

To watch other videos in this series, click on the Standout Brokerage Report tab below.

(Edited by : Yashi Gupta)

First Published:Apr 8, 2021 10:26 AM IST

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