CONCOR Q3: PSU stock gains up to 5%, EXIM Volumes rose 5% in nine months

State-owned Container Corporation of India Ltd. (CONCOR) shares gained up to 5% on Tuesday, January 14. In its provisional updates for the quarter and financial year ending December 31, 2024, EXIM volumes rose 5% during the first nine months of FY25, compared to the guidance of 15%. Domestic volumes increased by 18% in the same period, against the guidance of 25%. 

Total volumes for the first nine months of FY25 rose 7.8%, below the guidance of 18-20%. Overall, volume growth for the first nine months of FY25 remains significantly below the company's full-year guidance.

CONCOR shares are currently trading at a financial year 2026 price-to-earnings multiple of 34 times and 20.5 times financial year 2026 Enterprise Value to EBITDA (EV/EBITDA) as against its long-term median multiple of 18.5 times.

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Out of the 24 analysts that have coverage on CONCOR, 13 of them have a 'Buy' rating on the stock, five say 'Hold', while six of them have a 'Sell' rating on the state-run company. 

Shares of CONCOR are currently trading 3.93% higher on Tuesday at Rs 757.05. 

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