TCI: Shipping Cargo And Gains With 32,136% Returns
Had you invested 1 lakh in September 2002, you could have had ₹3.8 crores in profits today, with returns of ₹3,21,36,000 and ₹60,04,473 in dividends! Here’s a look at how TCI has performed over the years.
🚚 Stock Name: Transport Corporation of India Ltd.
🚚 NSE: $TCI
🌱 About the Company
Established in 1958 as a ‘one man, one truck and one office’ company, Transport Corporation of India is a leader in logistics solutions which serves businesses across industry verticals, both domestically and internationally.
📦 Experience of over six decades
📦 1400+ offices
📦 12 million sq. ft. of warehousing space
📦 6000+ employees
📦 Freight Division: It has 6 cargo ships with a total capacity of 77,957 deadweight tonnage. It is equipped with 9,904 containers, out of which 7,015 are self-owned.
🏢 Supply Chain Solutions: It has ownership and lease of modern warehouse storage and handling equipment, with a customised fleet of over 4,000 trucks and trailers.
🌟 Key Developments
📦 Equipped with highly-advanced modern technology and innovative business solutions, TCI is a flag-bearer in logistics for trade and commerce.
📦 Its decades of expertise along with a customer-centric approach, optimised resourcing, extensive infrastructure and professional management, TCI is committed to value creation.
True to its core operations, the company is always connected and ever-evolving 🚛
💰 Stock Value
On September 3, 2002, the shares of the company were trading at ₹2.20, they were trading at ₹709.20 as of September 2, 2022.