Tiger Logistics (India) Limited ("the Company") have successfully been awarded tenders from Central Electronics Ltd, State Trading Corporation of India Limited (STC) and Gujarat Narmada Valley Fertilizers Chemicals Ltd.
Such tenders further enhance the company's exposure in handling of the government projects and becoming one of the leading freight forwarders in the government sector. In addition to this our company has handled some sensitive shipments of Ordinance Factory Board.
Though under current pandemic the private sector is struggling in their business segments, the company has successfully developed the government sector vertical which will give very good results in the coming quarters. As the market open up the company feels it will emerge much stronger in the logistics industries.
The company is growing its business and covering new territories for expansion. The Company is doing well and there will be good growth in the coming quarters. The company has assured its shareholders that soon it will steer the business to the next level and all our client base, agent base, associate base and bankers base is intact and supporting us fully.
Shares of Tiger Logistics (India) Ltd was last trading in BSE at Rs.46.6 as compared to the previous close of Rs. 43.25. The total number of shares traded during the day was 514815 in over 1056 trades.
The stock hit an intraday high of Rs. 47.1 and intraday low of 42. The net turnover during the day was Rs. 22636599.