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Goldman Sachs Downgrades CONCOR to ‘Sell’ Amid Weak Earnings and Rising Competition

Goldman Sachs Downgrades CONCOR to ‘Sell’ Amid Weak Earnings and Rising Competition
bigbreakingwire
bigbreakingwire
1 min read
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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.

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bigbreakingwire
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