Tiger Logistics (India) Ltd's Stock Reaches All-Time High, Outperforms Sensex
Tiger Logistics (India) Ltd's stock price has reached an all-time high of Rs. 870 on January 14th, 2024, after a steady rise over the past year. Despite a slight underperformance on the day, the stock remains above its moving averages, indicating a strong upward trend. The company's efficient logistics services have contributed to its impressive 1-year performance and a 'Hold' rating from MarketsMojo.
Tiger Logistics (India) Ltd, a microcap logistics company, saw its stock price reach an all-time high of Rs. 870 on January 14th, 2024. This comes after the company's stock has been on a steady rise over the past year, outperforming the Sensex by a significant margin.
Despite underperforming the sector by -0.82% on the day, Tiger Logistics (India) Ltd's stock is still trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a strong and consistent upward trend for the company's stock.
MarketsMOJO has given a 'Hold' rating for Tiger Logistics (India) Ltd's stock, suggesting that investors should hold onto their current positions. This is in line with the company's impressive 1-year performance of 98.85%, compared to the Sensex's 21.03% performance.
Tiger Logistics (India) Ltd's success can be attributed to its efficient and reliable logistics services, catering to a wide range of industries. With its stock reaching an all-time high, the company is poised for further growth and success in the logistics industry.
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