We believe CCRI's unmatched presence across the country as compared to its peers coupled with positive long-term industry prospects would support prolonged growth and maintain its market leadership. We remain positive on the structural growth story considering 1) continuous market share gains in the domestic segment 2) strong EXIM volumes, 3) new strategic initiatives and 4) a pick-up in economic trade. We have revised our revenue/PAT estimate downward by 5.9/11% for FY20E and 11%/5.2% for FY21E factoring in lowered guidance. We introduced our FY22E estimate with a Revenue/PAT...