Tiger Logistics Ltd's Stock Reaches All-Time High
Tiger Logistics (India) Ltd, a microcap company in the logistics industry, has seen a surge in its stock price, reaching an all-time high on January 4th, 2024. It has outperformed the sector and is currently trading above its moving averages, indicating a positive trend. With a 'Hold' rating from MarketsMojo, the company's strong performance and potential in the industry make it worth keeping an eye on.
Tiger Logistics (India) Ltd, a microcap company in the logistics industry, has recently seen a surge in its stock price, reaching an all-time high on January 4th, 2024. The stock has been given a 'Hold' rating by MarketsMOJO, a leading financial analysis platform.
The stock is currently trading at a price that is 0.74% away from its 52-week high of Rs 747.5. It has also outperformed the sector by 2.33% in today's trading session. After two consecutive days of falling, the stock has shown a trend reversal and gained in value. Intraday, it reached a high of Rs 742, a 4.39% increase.
Tiger Logistics (India) Ltd is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The logistics sector as a whole has also seen a gain of 2.03%.
In the past year, Tiger Logistics (India) Ltd has shown a strong performance, with a 67.33% increase in its stock price, while the Sensex has only seen an 18.51% increase. This showcases the company's growth and potential in the industry.
Tiger Logistics (India) Ltd continues to make strides in the logistics industry, and its recent stock performance reflects its success. With a 'Hold' rating from MarketsMOJO, investors can keep an eye on this microcap company as it continues to grow and thrive in the market.
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