Stock Split Likely to be Announced by this Infralogistic Company on July 1; Stock Gains Over 395 per cent in Just 1 Year

The company’s stock has delivered an impressive multibagger return of around 400 per cent in just 1 year.

Incorporated in 2012, Tara Chand Infralogistic Solutions Ltd (TCISL) specializes in cargo handling and logistic services. The company is recognized as an IBA-approved transporter and holds accreditation from IATA for air cargo logistics. TCISL operates across three main business verticals: warehousing and multi-modal transportation, construction equipment rental, and turnkey infra-project execution.

TCISL has announced a Board Meeting scheduled for July 1, 2024, to discuss a stock split. The company serves a diverse clientele comprising 52 customers, ranging from public sector undertakings to Indian multinational corporations, and operates in 21 states across India. Internationally, TCISL extends its services to Mauritius. Key clients include prominent entities such as the Aditya Birla Group, Reliance Industries, Larsen & Toubro, JSW, KEC International, HMEL, Welspun, Vedanta, Tata Steel, and BHEL. This strategic positioning underscores TCISL's robust presence in the logistics and infrastructure sectors, emphasizing its role as a trusted partner in both domestic and international markets.

Share Performance:

On Tuesday Tara Chand Infralogistic Solutions Ltd shares closed the day at Rs 430 per share. The company’s current market capitalization stands at Rs 652.32 crore. The stock has delivered a multibagger return of over 398 per cent in just 1 year only.

Financial performance:

According to the Quarterly Results, in Q4 FY24, Tara Chand Infralogistic Solutions Ltd reported a revenue of Rs 46.49 crore and an operating profit of Rs 16.52 crore. The operating profit margin for the quarter stands at 35.53 per cent. The company’s net profit stood at Rs 6.31 crore. In FY24, the company reported a revenue of Rs 172 crore compared to Rs 141 crore, and a net profit of Rs 16 crore, compared to a profit of Rs 9 crore in the previous year.

Investors must keep this Small-Cap stock on their radar.

Disclaimer: The article is for informational purposes only and not investment advice.