Multibagger Logistics Stock Under Rs 80 Jumps with Volume Spurt; Here’s Why
The stock gave multibagger returns of 132 per cent from its 52-week low of Rs 31.99 per share, 370 per cent in 3 years and a whopping 1,570 per cent in 5 years.
Today, shares of Tiger Logistics (India) Ltd gained 6.70 per cent to Rs 74.20 per share from its previous closing of Rs 69.43 per share. The stock’s 52-week high is Rs 87 and its 52-week low is Rs 31.99. The company's shares saw a spurt in volume by more than 2.20 times on BSE.
Tiger Logistics has showcased significant growth in its recent financial performance. The company's net sales and net profit for the second quarter of the fiscal year 2025 (Q2 FY25) surged by 199 per cent and 134 per cent, respectively, compared to the same period in the previous year. This robust growth trajectory is further evident in the half-yearly results, with net sales and net profit increasing by 173 per cent and 124 per cent, respectively, in H1 FY25 over H1 FY24.
The company's operational efficiency and market demand have been instrumental in driving this growth. Tiger Logistics experienced a 34.7 per cent year-over-year (YoY) increase in TEU volumes for Q2 FY25, handling 16,781 TEUs. For the first half of the fiscal year, TEU volumes reached 33,967, representing a 53.5 per cent YoY increase. Additionally, the company's air transport volume witnessed a remarkable 4.5x increase in Q2FY25 compared to the same period last year, highlighting its expanding capabilities in diverse logistics services. While the PAT margin experienced a slight decline, it remains positive at 4.7 per cent.
Additionally, Tiger Logistics (India) Limited has further solidified its position with renewed partnerships from key Public Sector Undertakings (PSUs). Bharat Heavy Electricals Limited (BHEL), Bharat Earth Movers Limited (BEML), and Bank NotePaper Mill India Limited (BNPLIPL) have once again chosen Tiger Logistics for their international freight handling needs. These renewed agreements highlight the PSUs' trust in the company's ability to efficiently manage complex logistics operations for both sea and air cargo.
Earlier this year, Tiger Logistics achieved significant milestones by securing a warehousing services deal with BHEL and successfully completing crucial logistics assignments for the Airports Authority of India (AAI) and Hindustan Aeronautics Limited (HAL). These accomplishments demonstrate the company's growing influence in the government sector. By focusing on high-potential sectors like defence, aerospace, and renewable energy, Tiger Logistics is driving its growth and diversifying its market reach. The company views collaborations with public entities and PSUs as a cornerstone of its strategic initiatives, leveraging its expertise to handle critical and sensitive logistics operations.
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About the Company
Tiger Logistics (India) Limited, a leading international logistics company listed on the Bombay Stock Exchange (BSE), has also launched FreightJar 2.0. This significant upgrade to its proprietary freight booking and management platform is designed to empower businesses of all sizes to handle their import shipments with greater ease and efficiency. FreightJar 2.0 offers a comprehensive suite of features that streamline the entire import process, from initial booking to final delivery. Businesses can now seamlessly manage Full Container Load (FCL), Less than Container Load (LCL) and Air Freight shipments, leveraging the platform's intuitive interface and advanced functionalities.
The company have a market cap of over Rs 780 crore. The stock gave multibagger returns of 132 per cent from its 52-week low of Rs 31.99 per share, 370 per cent in 3 years and a whopping 1,570 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.