40% Return in 3 Months! Tiger Logistics Stock Ends Higher On Bagging Rs 4 Cr Contract From BHEL

Tiger Logistics (India) shares moved higher after the company secured a new import break-bulk logistics mandate from Bharat Heavy Electricals for moving over-dimensional cargo from Italy to India. The stock rose 2.99% to Rs 36.20, drawing investor attention to a specialised logistics order that adds to the company's ongoing work with the public sector engineering major.

The contract is valued at around Rs 4 crore, including handling charges. It covers the transportation of 13 over-dimensional cargo units, with each unit weighing 89 metric tonnes. Such consignments typically require detailed route planning, heavy-lift handling, port coordination, customs processes and synchronised movement across international and domestic legs.

Tiger Logistics order strengthens BHEL relationship

Tiger Logistics said the new order further strengthens its long-standing association with BHEL. The company described the mandate as a reflection of BHEL's confidence in its project logistics capabilities, particularly in assignments involving heavy equipment and complex cargo movement across borders.

The company is already executing several projects awarded by BHEL during the previous financial year. Under those assignments, Tiger Logistics said it has delivered 28 machine components in line with required project specifications and timelines. The latest import break-bulk mandate therefore adds to an existing pipeline of work rather than marking a one-off engagement.

Break-bulk cargo refers to goods that cannot be shipped in standard containers because of their size, shape or weight. Over-dimensional cargo, or ODC, requires specialised equipment and route clearances. For engineering and infrastructure projects, timely delivery of such cargo can be critical because delays may affect installation schedules and project execution.

Harpreet Singh Malhotra, Chairman and Managing Director of Tiger Logistics (India), said, "Our continued association with large PSUs reflects the trust built over years of successfully executing complex and high-value logistics assignments. Industrial projects of this scale require meticulous planning, specialized handling capabilities, and seamless international coordination. We are proud to remain committed to delivering efficient, reliable, world class logistics solutions that contribute to nation-building."

Why the BHEL mandate matters for project logistics

The order is modest in value when compared with large infrastructure contracts, but it is strategically relevant for Tiger Logistics because project logistics is a specialised segment. It demands operational expertise, reliable partners and careful coordination between shipping lines, ports, transporters, customs authorities and project sites.

For logistics firms, mandates from large public sector undertakings can also help demonstrate execution credentials. BHEL operates across power, transmission, industry, transportation, renewable energy, oil and gas, and defence. Its cargo requirements often involve high-value equipment and large components that cannot move through routine logistics channels.