CONCOR Share Price in Focus; Awards ₹175 Crore Order For 9 BLSS Spine Car Rakes

Written by: Team Angel OneUpdated on: 16 Apr 2026, 2:33 pm IST
Container Corporation of India Limited has placed an order worth of ₹175.36 crore with Braithwaite & Co for nine BLSS spine car rakes.
CONCOR Share Price in Focus
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

Container Corporation of India Limited (CONCOR) has expanded its rail logistics fleet with a fresh procurement order for specialised container transportation rakes.  

The company has placed the order as part of its ongoing efforts to strengthen operational capacity and support growing logistics demand. 

₹175 Crore Rolling Stock Order Placed 

CONCOR has awarded an order worth ₹175.36 crore, excluding GST, to Braithwaite & Co. Ltd. for the manufacture and supply of nine BLSS (Spine Car) rakes on a turnkey basis. 

The procurement forms part of the company’s strategy to enhance its multimodal logistics infrastructure and improve freight handling capabilities. 

Supplies Scheduled Through FY27 

The ordered rakes are to be supplied by February 28, 2027, with a minimum delivery schedule of 2 rakes per month.  

The phased delivery timeline is expected to support gradual fleet augmentation while allowing smooth integration into CONCOR’s logistics network. 

Fleet Expansion to Support Logistics Demand 

BLSS spine car rakes are primarily used for container transportation and play a critical role in rail-based freight movement.  

The additional capacity is expected to strengthen CONCOR’s ability to handle rising cargo volumes efficiently across its network. 

Fleet expansion remains a key part of the company’s broader strategy to improve service capability and maintain competitiveness in India’s logistics sector. 

Read More: Best Blue Chip Stocks For April 2026: Reliance Industries, HDFC Bank, Bharti Airtel and More Based on Market Cap! 

CONCOR Share Price Performance 

As of 15 April 2026, CONCOR share price is trading at ₹488.0p per share, reflecting a surge of 1.34% from the previous closing price. 

Conclusion 

CONCOR’s latest rolling stock order reflects its continued investment in logistics infrastructure expansion and operational capacity enhancement to support future freight growth. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Apr 16, 2026, 9:01 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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