Stock Split 2024: Multibagger Small Cap Stock Likely To Declare Stock Split On Jan 9

Board of Directors of small cap logistics solutions provider Tiger Logistics (India) Ltd are scheduled to hold meeting on January 9, 2024 to consider and approve proposal of maiden stock split/sub-division of shares.

Last trading price of Tiger Logistics share on BSE is Rs 630.00 per share with intraday gain of 2.02%. Tiger Logistics shares rallied 75% in last 6-months and soared 326% in last 2-years. Check details below:

Tiger Logistics Stock Outlook & Return: Last trading price of Tiger Logistics share BSE is Rs 630.00 apiece. Its 52-week high price is Rs 656.00 apiece and 52-week low price is Rs 335.00 apiece, respectively. The company has a market capitalisation of Rs 666.07 crore. Tiger Logistics shares gained 7.95% in last 1-week span, soared 34% year-to-date, rallied 55% in last 1-year, and gained 326% in last 2-years. In last 3-years, Tiger Logistics shares jumped 1589%. Tiger Logistics stock surged 343% in last 5-years.

Tiger Logistics Financials: The company for the quarter ended September 2023 announced its net sales at Rs 53.58 crore, down 70.6% from Rs 182.24 crore in September 2022. The company announced its quarterly net profit at Rs 3.22 crore for September 2023 quarter, down 59.3% from Rs 7.92 crore in September 2022. Its EBITDA stood at Rs 4.44 crore in September 2023, down 58.89% from Rs 10.80 crore declared in the corresponding quarter of last year. The company's EPS declined to Rs 3.15 in September 2023 from Rs 7.14 in September 2022.

About: Tiger Logistics was founded in the year 2000 in response to a need of a reliable, high-principled player in the Indian logistics scenario and a goal to be a one-stop shop for international logistics. With cost innovation and personalised service at its core, Tiger works as a logistics partner instead of just a vendor, according to it LinkedIn page.

Disclaimer: The stock highlights rally in shares and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stock mentioned. Neither, the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.

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