CONCOR gains on inking long-term pact with Gail (India) to build LNG dispensing station in Ahmedabad
Container Corporation of India is currently trading at Rs. 465.70, up by 8.65 points or 1.89% from its previous closing of Rs. 457.05 on the BSE.
The scrip opened at Rs. 461.25 and has touched a high and low of Rs. 467.50 and Rs. 461.25 respectively. So far 19369 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 629.25 on 10-Jul-2025 and a 52 week low of Rs. 421.80 on 23-Mar-2026.
Last one week high and low of the scrip stood at Rs. 490.95 and Rs. 449.00 respectively. The current market cap of the company is Rs. 35499.01 crore.
The promoters holding in the company stood at 54.80%, while Institutions and Non-Institutions held 38.09% and 7.11% respectively.
Container Corporation of India (CONCOR) and Gail (India) have signed a long-term agreement to establish a state-of-the-art Liquefied Natural Gas (LNG) dispensing station at CONCOR's Inland Container Depot (ICD) in Khodiyar, Ahmedabad. This strategic partnership plays a key role in transitioning India's heavy-duty commercial logistics sector toward sustainable fuel alternatives. Under the 15-year agreement, GAIL will hold exclusive operational control and invest in setting up the retail LNG outlet infrastructure. Concurrently, CONCOR will provide a dedicated land parcel of around 3,000 square meters within its high-traffic Ahmedabad terminal along with essential utility connectivity.
To ensure the commercial viability of the green corridor project, CONCOR has committed to deploying a dedicated fleet of 15 LNG-powered commercial vehicles starting in the first contract year. The multi-modal facility will operate round-the-clock, offering high-performance, eco-friendly fueling to CONCOR's logistics fleet as well as open-market commercial vehicles.
