Logistics Penny Stock Under Rs 60 In Focus As Company Fuels Growth with New Projects from BHEL, BEML & HPCL; Boosting Growth and Revenues
The stock is up 62 per cent from its 52-week low of Rs 31.99 per share and has given multibagger returns of over 1,000 per cent in 5 years.
On Tuesday, shares of Tiger Logistics (India) Ltd surged 2.3 per cent to an intraday high of Rs 51.75 per share from its previous closing of Rs 50.60 per share. The stock’s 52-week high is Rs 80.44 per share and its 52-week low is Rs 31.99 per share.
Tiger Logistics (India) Limited is experiencing significant growth within the Public Sector Undertaking (PSU) segment, marked by the acquisition of substantial new projects. The company's ongoing partnership with Bharat Heavy Electricals Limited (BHEL) continues to generate significant logistics assignments, including the recent securing of five Over Dimensional Cargo (ODC) projects from Italy. Furthermore, Tiger Logistics has emerged as the frontrunner, being the L1 bidder, for a major air cargo project with Hindustan Petroleum Corporation Limited (HPCL), indicating its strong competitive position and ability to meet the rigorous demands of the oil and gas sector.
Beyond these key developments, Tiger Logistics has also been actively expanding its footprint with other prominent government and PSU enterprises. In the fiscal year 2025, the company established a strong association with Bharat Earth Movers Limited (BEML), securing a two-year contract for both air and sea import services. Additionally, Tiger Logistics achieved a two-year empanelment with the Airport Authority of India (AAI).
These recent successes build upon Tiger Logistics' existing relationships with other notable entities such as Bank Note Paper Mill India Private Limited (BNPMIPL), Hindustan Aeronautics Limited (HAL), Central Electronics Limited (CEL), and Bharat Electronics Limited (BEL). These developments collectively underscore Tiger Logistics' growing prominence and established reputation as a reliable logistics partner for a diverse range of critical government and PSU operations.
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About the Company
Tiger Logistics India Limited is a Bombay Stock Exchange-listed leading international logistics company and solutions provider, covering freight forwarding (air & ocean), defence & project logistics, transportation, and customs clearance. The company also launched its proprietary freight booking and management platform, “FreightJar”, in 2023 to bring accessibility to competitive freight rates for SMEs/MSMEs and seamlessness to the freight booking and management journey. With a strong presence across the world, Tiger Logistics boasts over 24 years of experience in the automotive, renewable energy, engineering goods, yarns & textiles, pharmaceutical, consumer durables, commodities, building materials, defence &aerospace and FMCG industries, among others.
According to Quarterly Results, the net sales increased by 209 per cent to Rs 160.47 crore and net profit increased by 129 per cent to Rs 8.42 crore in Q3FY25 compared to Q3FY24. In its annual results, the company reported net sales of Rs 240 crore and net profit of Rs 13 crore in FY24. Looking at the nine-month results, the net sales increased by 186 per cent to Rs 421.8 crore and net profit increased by 129 per cent to Rs 20.59 crore in 9MFY25 compared to 9MFY24.
The company have a market cap of over Rs 500 crore. The stock is up 62 per cent from its 52-week low of Rs 31.99 per share and has given multibagger returns of over 1,000 per cent in 5 years. Investors should keep an eye on this micro-cap logistics stock.
Disclaimer: The article is for informational purposes only and not investment advice.