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The Economic Times
Buy TCI Express, target price Rs 1,100: Emkay Global Financial Services
TCI's Q1FY25 print was weak owing to growing competitive intensity in the B2B express industry, exacerbated by a muted external environment. The management alluded to general elections leading to a temporary reduction in volumes in addition to its key customer segment (SME) facing elevated cost pressures resulting in lower utilization.
Mint
TCI Express Q1 Results Live: Profit Falls by 31.02% YoY
TCI Express Q1 Results Live: Revenue decreased by 3.9% YoY & profit decreased by 31.02% YoY
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Wed, Aug 14, 2024