Tiger Logistics Ltd's Stock Reaches All-Time High
Tiger Logistics (India) Ltd, a microcap logistics company, has been making waves in the stock market as its share price reached an all-time high of Rs.736 on December 27, 2023. This comes after the company's stock has been on a consecutive upward trend for the past four days, with a gain of 20.37% during this period.
The stock opened today with a gap up of 6.69% and touched an intraday high of Rs.736, outperforming the sector by 4.89%. Tiger Logistics (India) Ltd is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong bullish trend.
In the past year, Tiger Logistics (India) Ltd has shown an impressive performance of 67.76%, outperforming the Sensex's performance of 17.55%. This growth can be attributed to the company's efficient logistics services and strong market presence.
With a 'Hold' call from MarketsMOJO, investors can expect a stable performance from Tiger Logistics (India) Ltd in the near future. As a microcap company, Tiger Logistics (India) Ltd has shown promising growth potential and continues to be a key player in the logistics industry.
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