Logistics Stocks -1: Can TCI Express Deliver on Its Ambitious Three-year Target?
Moneylife Digital Team 30 September 2022
Express operates an asset-light business model with B2B (business-to-business) revenue share of 95%. Micro, small and medium enterprises (MSME) and corporate clients contribute 50:50 revenue share, as of Q1FY22-23. It was demerged from Transport Corporation of India (TCI) in 2016 and listed in the same year. It serves 202 countries and is the only cargo company in India with its own set-up...
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