NewsUpdate
Goldman Sachs Downgrades CONCOR to ‘Sell’ Amid Weak Earnings and Rising Competition
Goldman Sachs has downgraded CONCOR to ‘Sell’ from ‘Neutral,’ setting a target price of ₹820. The downgrade comes after disappointing earnings, primarily due to sluggish growth in rail container traffic. The brokerage also highlighted increasing competition as an additional challenge, raising concerns about CONCOR’s market share.
b
bigbreakingwire
9/23/2024 5 min read
Goldman Sachs has downgraded CONCOR to ‘Sell’ from ‘Neutral,’ setting a target price of ₹820. The downgrade comes after disappointing earnings, primarily due to sluggish growth in rail container traffic. The brokerage also highlighted increasing competition as an additional challenge, raising concerns about CONCOR’s market share.
Related News
Update
Air India AI-171 Crash Probe Advances, Final Report Pending
6/13/2026
Update
RBI Strengthens Cooperative Banks with Priority Sector Lending Reforms, Digital Push and Governance Changes
2/16/2026
Update
India’s Forex Reserves Drop to $717 Billion as Gold and FX Assets Decline: RBI Data
2/15/2026
Update
RBI Tightens Lending Rules to Brokers: Fully Secured Loans Mandatory from April 1, 2026
2/15/2026
Update
India-EU FTA Digital Trade Chapter to Boost Paperless Trade, e-Invoicing and Secure Cross-Border Transactions
2/14/2026
Update
AI Fears Trigger Sharp IT Stock Correction, JPMorgan Says Concerns Overstated
2/13/2026