Transport Corporation of India

The Gurugram-based logistics and supply chain management company has planned a capex of ₹ 550-600 crore in FY27. Of this, ₹ 200-250 crore will go towards making final payments for acquiring two new ships from China.

Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today —Samhi Hotels, Suven Life Sciences, Thangamayil Jewellery, Transport Corporation of India, and Sundaram Finance Holdings

Logistics and supply chain management company Transport Corporation of India has zeroed in on China to buy two cargo ships for ₹ 320 crore to bolster its operations.

TCI share price: Transport Corporation of India Limited (TCI) saw its stock price decline by 6% after announcing a share buyback plan

Here’s a quick look at stocks likely to be in focus in today's trade.

TCI: ICICI Securities has initiated coverage on the stock with a ‘buy’ call and a target price of ₹ 1,200. The brokerage sees TCI as a good opportunity in the current subdued operating environment for the logistics sector.

Q1 results today: At least 30 companies including ICICI Bank, Dr Reddy's Lab, MCX, Finolex Industries, Punjab National Bank, IDFC First Bank, Jaiprakash Ventures, SBFC Finance, and Transport Corporation of India will declare their FY25 earnings on July 27.

KSRTC plans a bus fare hike of up to 20% as losses over three months from the Shakti scheme, which offers free bus travel for women, mounted to ₹ 295 crore. KSRTC Chairman SR Srinivas stressed the need for a hike to sustain operations amid rising costs and unchanged staff salaries since 2020.