Short-Term Price Movement and Market Context
The stock’s recent surge outpaced the logistics sector’s gain of 2.22% and the broader market benchmark, the Sensex, which rose by 2.30% over the past week. Tiger Logistics opened with a gap up of 3.78% and reached an intraday high of ₹32.90, marking a 10% increase from previous levels. This price action indicates renewed buying interest and a potential trend reversal after a brief period of decline.
However, the weighted average price suggests that more volume was traded closer to the day’s low, signalling some caution among investors. Additionally, the stock’s price remains above its 5-day moving average but below longer-term averages such as the 20-day, 50-day, 100-day, and 200-day moving averages, reflecting a mixed tech...
Read full news article












