Multi bagger Logistics Stock Under Rs 80 to Keep Under Radar as Company is Likely to Raise Funds for Business Expansion

On Wednesday shares of Tiger Logistics Ltd plunged 1.42% to Rs 71.75 per share from its previous closing of Rs 72.78 per share. The stock’s 52 week high is Rs 87 and its 52 week low is Rs 31.99. The Board of Directors of the company is scheduled to be held on Monday, December 09, 2024, at the company’s corporate office. The primary agenda items for this meeting include: (1) finalizing a comprehensive business growth plan for the upcoming years, encompassing strategies for accelerated growth, evaluation of market opportunities, and a review of the Company's competitive positioning; (2) exploring potential financing options for the growth plan, such as issuing equity shares, convertible instruments, or other securities through private placement or other permissible modes, subject to necessary approvals; and (3) any other matter as permitted by the Chairman. Tiger Logistics (India) Limited has further solidified its position in the logistics industry by renewing partnerships with key Public Sector Undertakings (PSUs). BHEL, BEML, and BNPLIPL have once again entrusted Tiger Logistics with their international freight handling needs, highlighting the company's proven ability to efficiently manage complex logistics operations. Earlier this year, Tiger Logistics achieved significant milestones by securing a warehousing service deal with BHEL and successfully completing crucial logistics assignments for AAI and HAL, demonstrating its growing influence in the government sector. About the Company Tiger Logistics (India) Limited, a leading international logistics company