Container Corporation of India Ltd. (CONCOR) has taken a significant step forward in transforming cement logistics in India by introducing specialized tank containers for the first time to facilitate the transportation of bulk cement in loose form.
The real-time movement of these specialized tank containers has commenced successfully from My Home Cement Siding (MMHM), Mellacheruvu in Andhra Pradesh to CONCOR ICD Whitefield at Bangalore. This initiative marks yet another milestone in CONCOR's continuous efforts to offer innovative and sustainable logistics solutions to key sectors of the Indian economy.
These tank containers are designed to support the cement industry by enabling efficient, safe, and eco-friendly bulk movement of cement through the rail network, thereby significantly reducing the dependency on conventional bagged transport. This not only enhances the operational efficiency of cement companies but also aligns with India's goal of promoting green and multimodal logistics.
By leveraging its robust infrastructure and multimodal capabilities, CONCOR remains committed to empowering industries with cutting-edge logistics solutions that are both cost-effective and environmentally responsible.
Shares of Container Corporation of India Limited was last trading in BSE at Rs. 759.75 as compared to the previous close of Rs. 756.20. The total number of shares traded during the day was 80832 in over 1815 trades.
The stock hit an intraday high of Rs. 765.50 and intraday low of 756.90. The net turnover during the day was Rs. 61489742.00.