Results Upcoming Tomorrow & FIIs Increase Their Stake: Logistics Penny Stock Under Rs 60 Jumps 8.4 Per Cent with Heavy Volume on May 26
The stock is up 85 per cent from its 52-week low of Rs 31.99 per share and has given multibagger returns of over 1,500 per cent in 5 years.
On Monday, shares of Tiger Logistics (India) Ltd jumped 8.4 per cent to an intraday high of Rs 59.10 per share from its previous closing of Rs 54.55 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. The shares of the company saw a spurt in volume by more than 4 times on the BSE.
A Board of Directors meeting is scheduled for May 27, 2025, at the company's corporate office. The agenda includes considering and approving the audited financial results for the quarter and year ended March 31, 2025, and approving the Notice of Postal Ballot along with other related matters.
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.
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Tiger Logistics (India) Limited has been recognized as the Logistics Champion in the Mid-Sized Companies category in the ISCM Logistics Ranking 2025 by the Institute of Supply Chain Management. This award highlights the company's consistent high performance in international freight forwarding and project logistics. Their success is attributed to an asset-light, service-centric approach, providing seamless logistics solutions across ocean, air, and land. Tiger Logistics is also noted for its expertise in customs clearance, cargo consolidation, and handling over-dimensional and defense cargo, further enhanced by proprietary digital tools for real-time tracking and smart documentation, which boost transparency and customer engagement.
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 600 crore. The stock is up 85 per cent from its 52-week low of Rs 31.99 per share and has given multibagger returns of over 1,500 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.