Date:09/11/2006 URL: http://www.thehindubusinessline.com/2006/11/09/stories/2006110901811400.htm

Back Joint bid hopes propel Concor

Reports that Concor is likely to join Shipping Corporation of India (SCI) as part of the PSU consortium jointly bidding for the Rs 5,000-crore fourth terminal project at JNPT have been driving interest in this stock on the bourses.

According to analysts, Concor is the only one in a position to provide shippers containerised freight transportation by rail in India. The company's stock has seen a 31 per cent gain month-on-month . The stock ended the day 2.22 per cent higher at Rs 2,240 on the BSE on Wednesday.

Deeptha Rajkumar