Tiger Logistics (India) Receives 'Buy' Rating from MarketsMOJO, Shows Impressive Growth in Net Sales

Nov 18 2024 07:35 PM IST
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Tiger Logistics (India) has been upgraded to a 'Buy' by MarketsMojo due to its strong ability to service debt and impressive growth in Net Sales. The stock is also showing a bullish trend, but investors should be aware of the company's poor long-term growth and decreasing institutional investor participation.
Tiger Logistics (India) has been making waves in the logistics industry with its outstanding performance in the past few quarters. The company's stock has recently been upgraded to a 'Buy' by MarketsMOJO, a leading stock analysis platform. This upgrade is based on the company's strong ability to service debt, with a low Debt to EBITDA ratio of 0.74 times.

In addition, Tiger Logistics (India) has shown impressive growth in its Net Sales, with a 198.94% increase in the latest quarter. This has resulted in the company declaring positive results for the last two consecutive quarters, with the highest PAT(Q) at Rs 7.54 cr, NET SALES(Q) at Rs 160.17 cr, and PBDIT(Q) at Rs 8.79 cr.

The stock is also showing a bullish trend, with technical indicators such as MACD, Bollinger Band, KST, and OBV all pointing towards a positive outlook. Since November 14, the stock has generated a return of 1.4%.

However, there are some risks to consider when investing in Tiger Logistics (India). The company has shown poor long-term growth, with Net Sales growing at an annual rate of only 4.57% over the last 5 years. Additionally, with a ROCE of 14.2, the stock is currently trading at a premium compared to its historical valuations.

Moreover, institutional investors have decreased their stake in the company by -0.63% over the previous quarter, which could be a cause for concern. These investors have better resources and capabilities to analyze company fundamentals, and their decreasing participation could be a red flag for retail investors.

Overall, Tiger Logistics (India) has shown strong performance in recent quarters and has been upgraded to a 'Buy' by MarketsMOJO. However, investors should carefully consider the risks involved before making any investment decisions.
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