1:4 Bonus Share: President of India-backed railway transport company signs MoU with Bhavnagar Port Infrastructure Pvt Ltd (BPIPL)

Container Corporation of India Ltd. (CONCOR) has formally entered into a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure Pvt Ltd (BPIPL) to manage and operate a new container terminal. The terminal will be located on the north side of Bhavnagar Port in Gujarat, a facility that BPIPL is developing under an agreement with the Gujarat Maritime Board (GMB). BPIPL's project involves the development of 235 hectares of land, with an additional 250 hectares available for future expansion under a 30-year lease. This new terminal is strategically positioned to serve the logistics needs of key industrial areas, including Central Gujarat, the Dholera Industrial Belt and customers as far as the National Capital Region.

Under the terms of the MoU, CONCOR will assume the role of Container Terminal Operator, taking on the responsibility for the terminal's operation, management and marketing. This collaboration represents a significant step in CONCOR's strategic vision of forward integration, expanding its services into port operations. With its extensive pan-India network of terminals and a large fleet, CONCOR is well-equipped to provide efficient and cost-effective logistics solutions. CONCOR’s Chairman and Managing Director, Sh. Sanjay Swarup, highlighted that this partnership is expected to create substantial value for customers and reinforce CONCOR's leading position in the logistics sector.

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About the Company

Container Corporation of India Ltd. (CONCOR) was incorporated in March 1988 under the Companies Act and commenced operation from November 1989, taking over the existing network of 7 inland container depots from the Indian Railways. CONCOR is a market leader, having a widespread network of more than 60 terminals in India. In addition to providing inland transport by rail for containers, it has also expanded to cover management of ports, air cargo complexes and establishing a cold chain. The company has developed multimodal logistics support for India's international and domestic containerization and trade.

According to Quarterly Results, the company reported a revenue of Rs 2,154 crore and a net profit of Rs 267 crore in Q1FY26. In its annual results, the company reported net sales of Rs 8,887 crore and net profit of Rs 1,292 crore. The company’s 54.80 per cent stake is owned by the President of India and Life Insurance Corporation of India (LIC) owns a 10.04 per cent stake in the company as of July 2025.

Container Corporation of India Ltd's (CONCOR) shares traded ex-bonus with a 1:4 ratio, meaning that for every four existing shares, one new share was issued on Friday, July 04, 2025. The company has a market cap of over Rs 40,000 crore and has been maintaining a healthy dividend payout of 56 per cent. The stock is up by 14 per cent from its 52-week low of Rs 481.32 per share.

Disclaimer: The article is for informational purposes only and not investment advice.