{"id":117011,"date":"2024-01-09T15:59:29","date_gmt":"2024-01-09T10:29:29","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=117011"},"modified":"2024-01-09T15:59:33","modified_gmt":"2024-01-09T10:29:33","slug":"logistics-stock-jumps-up-to-10-after-announcing-110-stock-split","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/logistics-stock-jumps-up-to-10-after-announcing-110-stock-split\/","title":{"rendered":"Logistics stock jumps up to 10% after announcing 1:10\u00a0stock split"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-154720501\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Shares of this logistic company surged 10 percent in Tuesday\u2019s 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.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3026303727\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>With a market capitalisation of Rs. 879 crores, the shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/536264\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Tiger Logistics (India) Ltd<\/a><\/strong> started Tuesday\u2019s trading session on a higher note at Rs. 810 compared to its previous close of Rs. 788.15. The shares hit a high of Rs. 868, gaining around 10 percent, which is also recorded as the company\u2019s fresh 52-week high and closed the day at Rs. 859 apiece.\u00a0<\/p><p>Such a bullish movement in the share price was observed after the company in an exchange filing mentioned that the board of directors had given the proposal of sub-division or split of the company\u2019s 1 Equity Share having a face value of Rs. 10 each into 10 equity shares of the company having face value of Rs. 1 each, which is subject to the approval of shareholders. In this regard, the record date is yet to be decided by the company.&nbsp;<\/p><p>Coming onto the company\u2019s financial statements, the revenue increased by 28 percent from Rs. 42.02 crores during the June quarter to Rs. 53.58 crores in the September quarter. In addition, the net profits zoomed by 53 percent from Rs. 2.10 crores to Rs. 3.22 crores during the same timeframe.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-3988051960\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>During the last quarter, the company has strengthened its position in government projects and secured contracts from prestigious organizations. Moreover, Tiger Logistics plans to penetrate deeper into tier B-30 cities to increase the performance of its digital platform FreightJar.&nbsp;<\/p><p>Tiger Logistics has seen a major increase in TEUs handling, with a 29 percent increase in total TEUs volumes from quarter to quarter&nbsp;<\/p><p>The revenue mix of the company has shifted towards the auto sector, which is considered to be a consistent and growing sector for the company and they have earned 83 percent of FY23 revenues from the automobile industry.&nbsp;<\/p><p>Furthermore, commodities remain a filler business for Tiger Logistics, while the company has been focusing on higher-margin sectors like auto and electronics.&nbsp;<\/p><p>Headquartered in New Delhi, Tiger Logistics was incorporated in 2000. The company is a third-party logistics services provider. Its business covers international freight forwarding, supply chain management, project logistics, defence logistics, and cold chain logistics.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written By Vaibhav Patil<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-content-10\" id=\"trade-391729609\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><div class=\"trade-after-content\" id=\"trade-3700647907\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Shares of this logistic company surged 10 percent in Tuesday\u2019s 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.&nbsp; With a market capitalisation of Rs. 879 crores, the shares of Tiger Logistics (India) Ltd started Tuesday\u2019s trading [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":97173,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[948,936,13464,13463,15861],"class_list":["post-117011","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-stock-market","tag-stock-market-news","tag-tiger-logistics-latest-news","tag-tiger-logistics-share-price","tag-tiger-logistics-stock-split"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Logistics stock jumps up to 10% after announcing 1:10\u00a0stock split - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"Shares of this logistic company surged 10 percent in Tuesday\u2019s 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.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/logistics-stock-jumps-up-to-10-after-announcing-110-stock-split\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Logistics stock jumps up to 10% after announcing 1:10\u00a0stock split\" \/>\n<meta property=\"og:description\" content=\"Shares of this logistic company surged 10 percent in Tuesday\u2019s 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.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/logistics-stock-jumps-up-to-10-after-announcing-110-stock-split\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-01-09T10:29:29+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-01-09T10:29:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/03\/logistics-cover-image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/logistics-stock-jumps-up-to-10-after-announcing-110-stock-split\/\",\"url\":\"https:\/\/tradebrains.in\/features\/logistics-stock-jumps-up-to-10-after-announcing-110-stock-split\/\",\"name\":\"Logistics stock jumps up to 10% after announcing 1:10\u00a0stock split - Trade Brains Features\",\"isPartOf\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/tradebrains.in\/features\/logistics-stock-jumps-up-to-10-after-announcing-110-stock-split\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/tradebrains.in\/features\/logistics-stock-jumps-up-to-10-after-announcing-110-stock-split\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/03\/logistics-cover-image.jpg\",\"datePublished\":\"2024-01-09T10:29:29+00:00\",\"dateModified\":\"2024-01-09T10:29:33+00:00\",\"author\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\"},\"description\":\"Shares of this logistic company surged 10 percent in Tuesday\u2019s 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.\u00a0\",\"breadcrumb\":{\"@id\":\"https:\/\/tradebrains.in\/features\/logistics-stock-jumps-up-to-10-after-announcing-110-stock-split\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/tradebrains.in\/features\/logistics-stock-jumps-up-to-10-after-announcing-110-stock-split\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/logistics-stock-jumps-up-to-10-after-announcing-110-stock-split\/#primaryimage\",\"url\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/03\/logistics-cover-image.jpg\",\"contentUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/03\/logistics-cover-image.jpg\",\"width\":1280,\"height\":854},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/tradebrains.in\/features\/logistics-stock-jumps-up-to-10-after-announcing-110-stock-split\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/tradebrains.in\/features\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Logistics stock jumps up to 10% after announcing 1:10\u00a0stock split\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/tradebrains.in\/features\/#website\",\"url\":\"https:\/\/tradebrains.in\/features\/\",\"name\":\"Trade Brains\",\"description\":\"Stock Market NSE\/BSE Latest News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/tradebrains.in\/features\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\",\"name\":\"Trade Brains\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"caption\":\"Trade Brains\"},\"sameAs\":[\"http:\/\/tradebrains.in\/\"],\"url\":\"https:\/\/tradebrains.in\/features\/author\/trade-brains\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Logistics stock jumps up to 10% after announcing 1:10\u00a0stock split - Trade Brains Features","description":"Shares of this logistic company surged 10 percent in Tuesday\u2019s 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.\u00a0","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/tradebrains.in\/features\/logistics-stock-jumps-up-to-10-after-announcing-110-stock-split\/","og_locale":"en_US","og_type":"article","og_title":"Logistics stock jumps up to 10% after announcing 1:10\u00a0stock split","og_description":"Shares of this logistic company surged 10 percent in Tuesday\u2019s 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.\u00a0","og_url":"https:\/\/tradebrains.in\/features\/logistics-stock-jumps-up-to-10-after-announcing-110-stock-split\/","og_site_name":"Trade Brains Features","article_publisher":"https:\/\/www.facebook.com\/TradeBrainsOfficial\/","article_published_time":"2024-01-09T10:29:29+00:00","article_modified_time":"2024-01-09T10:29:33+00:00","og_image":[{"width":1280,"height":854,"url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/03\/logistics-cover-image.jpg","type":"image\/jpeg"}],"author":"Trade Brains","twitter_card":"summary_large_image","twitter_creator":"@TradeBrainsGrp","twitter_site":"@TradeBrainsGrp","twitter_misc":{"Written by":"Trade Brains","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/tradebrains.in\/features\/logistics-stock-jumps-up-to-10-after-announcing-110-stock-split\/","url":"https:\/\/tradebrains.in\/features\/logistics-stock-jumps-up-to-10-after-announcing-110-stock-split\/","name":"Logistics stock jumps up to 10% after announcing 1:10\u00a0stock split - Trade Brains Features","isPartOf":{"@id":"https:\/\/tradebrains.in\/features\/#website"},"primaryImageOfPage":{"@id":"https:\/\/tradebrains.in\/features\/logistics-stock-jumps-up-to-10-after-announcing-110-stock-split\/#primaryimage"},"image":{"@id":"https:\/\/tradebrains.in\/features\/logistics-stock-jumps-up-to-10-after-announcing-110-stock-split\/#primaryimage"},"thumbnailUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/03\/logistics-cover-image.jpg","datePublished":"2024-01-09T10:29:29+00:00","dateModified":"2024-01-09T10:29:33+00:00","author":{"@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666"},"description":"Shares of this logistic company surged 10 percent in Tuesday\u2019s 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.\u00a0","breadcrumb":{"@id":"https:\/\/tradebrains.in\/features\/logistics-stock-jumps-up-to-10-after-announcing-110-stock-split\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/tradebrains.in\/features\/logistics-stock-jumps-up-to-10-after-announcing-110-stock-split\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/logistics-stock-jumps-up-to-10-after-announcing-110-stock-split\/#primaryimage","url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/03\/logistics-cover-image.jpg","contentUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/03\/logistics-cover-image.jpg","width":1280,"height":854},{"@type":"BreadcrumbList","@id":"https:\/\/tradebrains.in\/features\/logistics-stock-jumps-up-to-10-after-announcing-110-stock-split\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/tradebrains.in\/features\/"},{"@type":"ListItem","position":2,"name":"Logistics stock jumps up to 10% after announcing 1:10\u00a0stock split"}]},{"@type":"WebSite","@id":"https:\/\/tradebrains.in\/features\/#website","url":"https:\/\/tradebrains.in\/features\/","name":"Trade Brains","description":"Stock Market NSE\/BSE Latest News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/tradebrains.in\/features\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666","name":"Trade Brains","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","caption":"Trade Brains"},"sameAs":["http:\/\/tradebrains.in\/"],"url":"https:\/\/tradebrains.in\/features\/author\/trade-brains\/"}]}},"_links":{"self":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/117011","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/comments?post=117011"}],"version-history":[{"count":1,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/117011\/revisions"}],"predecessor-version":[{"id":117012,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/117011\/revisions\/117012"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media\/97173"}],"wp:attachment":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media?parent=117011"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/categories?post=117011"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/tags?post=117011"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}