This President of India-Backed Railway Transport Company Signs MoU with Dubai’s RHS Group to Boost Global Logistics Connectivity

DSIJ Intelligence-2 / 15 Jul 2025/ Categories: Mindshare, Trending

This President of India-Backed Railway Transport Company Signs MoU with Dubai’s RHS Group to Boost Global Logistics Connectivity

The stock is up over 29.72 per cent from its 52-week low of Rs 481 per share.

On July 14, 2025, Container Corporation of India Ltd (CONCOR) and Rais Hassan Saadi Group (RHS) from Dubai signed a Memorandum of Understanding (MoU) to explore collaborative opportunities within the overseas shipping and logistics sector. This strategic partnership aims to deliver integrated, seamless, and cost-effective end-to-end logistics solutions, with a particular focus on enhancing international multimodal connectivity.

The signing ceremony was attended by Shri Sanjay Swarup, Chairman and Managing Director of CONCOR, and Mr. Saadi Al Rais, Chairman of RHS Group, along with directors and senior officials from both organisations.

DSIJ's ‘Mid Bridge’ service recommends well researched Mid-Cap stocks for smart investing. If this interests you, download the service details here.

This collaboration leverages CONCOR's extensive experience in inland logistics, terminal operations, and supply chain solutions, combined with RHS Group's significant global presence in shipping, freight forwarding, and maritime services. The MoU represents a crucial step towards creating synergies that are expected to contribute to the growth of global trade and solidify the position of both organisations as key players in the evolving logistics and shipping landscape. Shri Swarup stated that this MoU helps achieve CONCOR's goal of providing seamless end-to-end logistics solutions for customers beyond Indian territory. Mr. Saadi Al Rais expressed his pleasure in forming this alliance with CONCOR and assured the best possible services from RHS Group.

According to Quarterly Results, the company reported a revenue of Rs 2,288 crore and net profit of Rs 299 crore in Q4FY25. 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 9.92 per cent stake in the company as of March 2025. The company has a market cap of over Rs 47,000 crore and has been maintaining a healthy dividend payout of 40.7 per cent. The stock is up over 29.72 per cent from its 52-week low of Rs 481 per share.

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