Tiger Logistics (India) Receives 'Buy' Rating from MarketsMOJO, Shows Strong Growth Potential

Tiger Logistics (India) has recently caught the attention of investors as its stock has been upgraded to a 'Buy' by MarketsMOJO on October 28, 2024. This microcap logistics company has shown strong potential for growth and has been delivering positive results consistently.
One of the key factors contributing to the 'Buy' recommendation is the company's ability to service its debt. With a low Debt to EBITDA ratio of 0.74 times, Tiger Logistics (India) has a strong financial standing. In fact, in the quarter ending June 2024, the company reported a growth in net sales of 140.74%, with the highest PAT and PBDIT at Rs 4.63 crore and Rs 5.17 crore respectively.

From a technical standpoint, the stock is currently in a bullish range and has shown a 3.76% return since October 23, 2024. Multiple indicators such as MACD, Bollinger Band, KST, and OBV are also showing bullish signals for the stock.

Moreover, Tiger Logistics (India) has consistently outperformed the BSE 500 index in the last 3 annual periods, with a return of 39.63% in the last year alone. However, there are some risks to consider, such as poor long-term growth as net sales have declined by an annual rate of -1.76% over the last 5 years.

Additionally, the stock is currently trading at a premium compared to its historical valuations, with a price to book value of 6.1. This may be a concern for some investors, especially since the company's profits have fallen by -24.1% in the past year.

Another potential risk is the decreasing participation of institutional investors, who hold 8.07% of the company's stake. This may indicate that these investors have concerns about the company's fundamentals.

In conclusion, Tiger Logistics (India) has shown strong potential for growth and has been delivering positive results. However, investors should carefully consider the risks before making any investment decisions.