Tiger Logistics (India) Upgraded to 'Buy' by MarketsMOJO, Shows Impressive Growth in Last Quarter

Oct 31 2024 06:00 PM IST
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Tiger Logistics (India) has recently 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 and has consistently outperformed the BSE 500 index. However, there are concerns about poor long-term growth and a high valuation compared to historical levels.
Tiger Logistics (India) has been making waves in the logistics industry with its outstanding performance in the last quarter. 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 Net Sales, with a 198.94% increase in the last quarter. This has been reflected in the company's positive results for the last two consecutive quarters, with the highest PAT, NET SALES, and PBDIT in the last quarter.

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. Furthermore, Tiger Logistics (India) has consistently outperformed the BSE 500 index in the last three annual periods, generating a return of 52.13% in the last year alone.

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 five years. Additionally, the stock is currently trading at a premium compared to its historical valuations, with a high ROCE of 14.2 and a PEG ratio of 1.5.

Another concern is the decreasing participation of institutional investors, who collectively hold 8.07% of the company. This could indicate that these investors, who have better resources to analyze company fundamentals, may have doubts about the company's long-term potential.

Overall, Tiger Logistics (India) has shown strong performance in the last quarter and has the potential for future growth. However, investors should carefully consider the risks before making any investment decisions.
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