Equity / Stocks - Container Corp Of India in MARKETS - CMP: 845
Container Corporation of India Limited supplies railway cargo services, via its fleet of container trains. The Company also ...
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01-16-2012 07:39 PM
Container Corp Of India
CMP: 845
Container Corporation of India Limited supplies railway cargo services, via its fleet of container trains. The Company also provides bonded warehousing services.
Container Corporation is a safe buy in large cap space. Its currently trading at a P/E of 13 with strong dividend yields of close to 2% in the last 12 months. The company runs at Zero debt and has cash of 2300 Crores in hand. That's cash to market cap ratio of almost 21% which makes it safe. Revenues have risen from 3046 Crores to 3827 Crores in the last 5 years. Profits have risen from 691 Crores to 830 Crores in the last 5 years. NPM has stayed strong at above 21% over 5 years. Its not a great growth pick. Buy and book profits when it peaks above 1300.
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