.
Penny stock hits 5% upper circuit after company’s net profits increases by 120% in Q1

Penny stock hits 5% upper circuit after company’s net profits increases by 120% in Q1

Micro-cap stock engaged in providing logistics services hit the 5 percent upper price band reaching Rs.40 per share, following a 140 percent increase in revenues year-on-year.  Price Movement  In Wednesday's trading session, the share price of Tiger Logistics Ltd reached a 5 percent upper circuit limit of Rs.40 per share, from its previous closing price [...]
Micro cap stocks in which FII has increased their stake by up to 14%

Micro cap stocks in which FII has increased their stake by up to 14%

Foreign Institutional Investors (FIIs) actively participate in the financial markets of countries other than their own. FIIs aggregate money from various investors and other entities and then invest it in different financial assets. Whenever foreign investors like Goldman Sachs, Morgan Stanley, HSBC, and others buy or sell the shares of Indian companies, their stock price [...]
Penny stock hits 5% upper circuit after FII buys 19.69 Lakh shares in the company 

Logistics stock jumps up to 10% after announcing 1:10 stock split

Shares of this logistic company surged 10 percent in Tuesday’s trading session after the board of directors considered the stock split. The shares have delivered a multibagger return of 110 percent to its investors in six months.  With a market capitalisation of Rs. 879 crores, the shares of Tiger Logistics (India) Ltd started Tuesday’s trading [...]
Penny stock hits 5% upper circuit after FII buys 19.69 Lakh shares in the company 

Fundamentally strong logistics stocks with high ROCE of up to 37.6% to keep an eye on

The Indian logistics industry plays a crucial role in the nation's economy by enabling the transportation of goods and services across diverse sectors. Projections suggest that it has the potential to grow significantly, with an anticipated value of $350 billion by 2025.  Currently, there are 53 listed companies in the logistics sector in India. Here [...]
Logistics stock jumps 7% after it signs deal with ICICI Bank for digital freight booking & management

Logistics stock jumps 7% after it signs deal with ICICI Bank for digital freight booking & management

One of the leading International Logistics and solutions provider gained 7 percent after it signed a deal with ICICI Bank for ICICI Trade Emerge Platform that will benefit the importers and exporters, and it has also released its Q2FY24 Business update.  At 11:10 a.m the shares of Tiger Logistics (India) were trading at Rs. 474 [...]