{"id":129480,"date":"2024-07-25T17:24:45","date_gmt":"2024-07-25T11:54:45","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=129480"},"modified":"2024-07-25T17:30:47","modified_gmt":"2024-07-25T12:00:47","slug":"penny-stock-hits-5-upper-circuit-after-fii-buys-19-69-lakh-shares-in-the-company","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/penny-stock-hits-5-upper-circuit-after-fii-buys-19-69-lakh-shares-in-the-company\/","title":{"rendered":"Penny stock hits 5% upper circuit after FII buys 19.69 Lakh shares in the company\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-333825438\"><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>The shares of one of the leading international logistics providers, with clients such as HAL, BHEL, ABB, Hero Motocorp, and many more hit a 5 percent upper circuit in the day\u2019s trade after FII\/FPI invested in the company.\u00a0<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1819014156\"><!-- 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><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Price Action&nbsp;<\/strong><\/h2><p>With a market capitalization of Rs. 383 Crores, the shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/536264\/standalone\" target=\"_blank\" rel=\"noreferrer noopener\">Tiger Logistics (India) Limited<\/a><\/strong> hit a 5 percent upper circuit at Rs. 36.26 per equity share, from its previous day\u2019s close price of Rs. 34.54.\u00a0<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Block Deal&nbsp;<\/strong><\/h2><p>As per the bulk deal data available on BSE, Foreign Portfolio Investor Radiant Global Fund-Class B Participating Shares has sold its entire stake in Tiger Logistics (India) Limited consisting of 14,69,033 shares or 1.39 stake.&nbsp;<\/p><p><strong>Following this Foreign Institutional Investor\/Foreign Portfolio Investor North Star Opportunities Fund VCC-Bull Value Incorporated VCC Sub-Fund has purchased ~19.69 Lakh equity shares of Tiger Logistics (India) Limited.\u00a0<\/strong><\/p><div class=\"trade-content_5\" id=\"trade-487102761\"><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><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Also read<\/strong><\/p><\/blockquote><figure class=\"wp-block-embed is-type-wp-embed is-provider-trade-brains wp-block-embed-trade-brains\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"jLV2gY7pkd\"><a href=\"https:\/\/tradebrains.in\/features\/green-energy-stock-hits-5-upper-circuit-after-achieving-181-yoy-increase-in-sales-volume-growth\/\">Green energy stock hits 5% upper circuit after achieving 181% YoY increase in sales volume growth<\/a><\/blockquote><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"&#8220;Green energy stock hits 5% upper circuit after achieving 181% YoY increase in sales volume growth&#8221; &#8212; Trade Brains\" src=\"https:\/\/tradebrains.in\/features\/green-energy-stock-hits-5-upper-circuit-after-achieving-181-yoy-increase-in-sales-volume-growth\/embed\/#?secret=9bTF4Qf1qk#?secret=jLV2gY7pkd\" data-secret=\"jLV2gY7pkd\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure><h2 class=\"wp-block-heading has-medium-font-size\"><strong>About the Company&nbsp;<\/strong><\/h2><p>Tiger Logistics (India) is one of the leading international logistics and solutions providers covering freight forwarding, transportation, and customs clearance, with a strong presence across the country by providing services to industries like automotive, engineering, yarns, textiles, pharmaceuticals, commodities, FMCG industries, and many more.&nbsp;<\/p><p>It has a strong customer base with well-known players and government entities like ABB, HAL, Praj Industries, BHEL, Hero, Ceat, Inox Wind, Balkrishna Industries, KTM, and many more.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Financials and Ratios&nbsp;<\/strong><\/h2><p>Its revenue from operations grew by 52 percent from Rs. 61.04 Crores in Q4FY23 to Rs. 92.71 Crores in Q4FY24, accompanied by profits of Rs. 2.21 Crores to Rs. 4.03 Crores.&nbsp;<\/p><p>It has reported a return on equity(ROE) of 12.4 percent, a return on capital employed (ROCE) of 16.4 percent, and a debt-to-equity ratio of 0.11.&nbsp;<\/p><p><strong>Written by: Bharath K.S<\/strong><\/p><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-3640531717\"><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-4207022094\"><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>The shares of one of the leading international logistics providers, with clients such as HAL, BHEL, ABB, Hero Motocorp, and many more hit a 5 percent upper circuit in the day\u2019s trade after FII\/FPI invested in the company.\u00a0 Price Action&nbsp; With a market capitalization of Rs. 383 Crores, the shares of Tiger Logistics (India) Limited [&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":[5198,948,936,13464,13463,20853],"class_list":["post-129480","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-logistics-stock","tag-stock-market","tag-stock-market-news","tag-tiger-logistics-latest-news","tag-tiger-logistics-share-price","tag-why-did-tiger-logistics-share-price-go-up-today"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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