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By CNBCTV18.com Sept 12, 2022 2:43:22 PM IST (Published)
The shares of the company rose as much as 2.4 percent on Monday. The stock was trading 1.15 percent up at Rs 761.4 on BSE at the time of writing.
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Government could invite expression of interests for strategic sale of Container Corporation of India or Concor in the October to December quarter of this fiscal year, sources have told CNBC-TV18.
The company's shares rose as much as 2.4 percent on Monday, September 12. The stock was trading 1.15 percent up at Rs 761.4 on BSE at the time of writing.
The Union Cabinet on September 8 approved a steep 75 percent reduction in the railway land licencing fee (LLF), along with a much longer lease period, for specified end uses. Analysts suggested that this change in the LLF policy was a key step toward the privatisation of Concor.