Market share loss, global trade hold-up to hit Concor's prospects

The ongoing domestic slowdown and lower global trade on account of the novel coronavirus is expected to weigh on the volume growth trend of Container Corporation (Concor) of India in the near term.  While China’s share of India’s exports is slightly over 5 per cent, it accounts for 14 per cent of the country’s imports. Disruption in domestic production and further slowdown in the global economy could hit Concor’s export-import (exim) segment. Trade uncertainty comes at a time when the company’s volume growth has been sluggish and it has been.....

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