This company shares in focus as board to decide on mainboard NSE-listing
इंवेस्टमेंट से पहले रिस्क को जांच लें
New Delhi: Shares of global logistics player Tiger Logistics gained on Friday, June 27, 2025. The development comes as the company informed exchanges that it plans to list stock on the National Stock Exchange of India (NSE). The stock started the session in the green at Rs 57.96 on the BSE. It had clsoed at Rs 57.68 in the last trading session. It surged further to touch the intraday high of Rs 58.45.
The counter has a 52-week high of Rs 80.44 and a 52-week low of Rs 31.99. Technically, it trades higher than the 5-day, 50-day and 100-day moving averages but lower than the 20-day and 200-day moving averages. Listing on National Stock Exchange
The company is gearing up for a significant move, with plans to get its shares listed on the National Stock Exchange (NSE). In an exchange filing, the company announced that the board of directors will convene next month to consider and approve the listing on the NSE. The meeting is scheduled for July 2, 2025, marking a potential turning point for Tiger Logistics.
The company's filing further clarifies its intentions, stating that it will consider and approve the proposal of Direct Listing of securities on the NSE Main Board, subject to meeting the necessary criteria and obtaining statutory approvals. This, along with other items on the agenda, will be discussed at the upcoming board meeting. Trading Window Closed
Meanwhile, the trading window for dealing in securities of Tiger Logistics will remain closed from Thursday, June 26, 2025, for all designated persons. It will remain closed till 48 hours after the declaration of financial results for the first quarter of the financial year 2025-26 or the declaration of the outcome of the board meeting. Q4 profit grows to Rs 6.44 crore
The company's financial performance in the fourth quarter of the financial year 2024-25 is a testament to its resilience and growth. With a 59.9 per cent increase in net profit to Rs 6.44 crore, up from Rs 4.02 crore in the same period of the previous year, and a 23.5 per cent rise in revenue to Rs 114.50 crore, Tiger Logistics is demonstrating its potential for a strong future.
With PTI Inputs
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
&w=3840&q=100)
Business Standard
19 minutes ago
- Business Standard
DHL Express top-line is growing at 12% CAGR in India: SVP-South Asia
DHL Express India is growing at 11-12 per cent CAGR and has expanded its Bengaluru airport footprint with a Rs 34 crore investment to handle SME shipment volumes Aneeka Chatterjee Bengaluru Listen to This Article Germany-headquartered logistics major DHL Express is growing at a compound annual growth rate (CAGR) of 11–12 per cent in India, R S Subramanian, senior vice-president, South Asia, told Business Standard. The top executive noted that India continues to contribute 10 per cent by value to the overall Asia-Pacific portfolio. 'Growth is our big focus. The express industry grows at 1.5 times the Gross Domestic Product (GDP) and every year we have surpassed the mark. Hence, our CAGR in topline in India is growing nearly about 11-12 per cent,' Subramanian said. Eyeing the continued growth momentum, DHL Express has announced the
India.com
26 minutes ago
- India.com
Anil Ambani hits JACKPOT as shares of this Reliance Group company hit 52-week high, the firm is...
Anil Ambani (File) In another major win for Reliance Group boss Anil Ambani, the shares of Reliance Infrastructure Limited– one of the group's most-successful companies– hit their 52-week high on Thursday, surging to Rs 424, an increase of 4.93 percent. According to market data, Reliance Infra stock jumped 3.33 percent to settle at Rs 417.50 on the BSE, and climbed 3.29 per cent to Rs 418 at the NSE. During the day, Reliance Infra shares surged 4.93 percent to hit the 52-week high of Rs 424, day after the stock climbed 4.98 per cent. The boom in stock prices of Anil Ambani-led Reliance Infrastructure comes amid the company's announcement that its subsidiary, Reliance Defence Ltd, had secured a a Rs 600-crore export order from German defence and ammunition manufacturer Rheinmetall Waffe Munition GmbH. Reliance Defence inks Rs 600 crore deal with German arms maker In May, Anil Ambani-led Reliance Defence signed a deal with German arms manufacturer Rheinmetall AG to supply ammunition like artillery shells and explosives from a new facility to be set up in Maharashtra. Reliance Infra shares have jumped over 42 percent in the last one month. 'Reliance Defence's export order is one of the largest in the high-tech ammunition domain to date. This underscores the strength of its recently announced strategic partnership with Rheinmetall,' according to a statement issued by the company on Wednesday. Reliance Defence aims to be among the country's top three defence exporters, and the order represents a key milestone in its strategy to strengthen its position as a reliable partner in the global defence and ammunition supply chain, with a particular focus on Europe. Reliance Infra partners with Dassault Aviation Meanwhile, Reliance Infrastructure has also partnered with French aerospace giant Dassault Aviation to manufacture the Falcon 2000 LXS Business Executive Jets in India for the global market. In an official release, Dassault Aviation– primarily known for its Rafale fighter jets which are operated by the Indian Air Force (IAF)– termed the agreement with Reliance Aerostructure Limited (RAL), a subsidiary of Anil Ambani's Reliance Infrastructure Ltd, as an 'epic moment' for India, who now joins an elite club of countries manufacturing next-generation business jets after the United States, France, Canada and Brazil. This will be the first instance when Dassault will build the Falcon 2000 jets outside France. Commenting on the historic deal, Anil Ambani asserted that the collaboration reflects the Reliance Group's commitment 'to Prime Minister Shri Narendra Modi's vision of 'Atmanirbhar Bharat (Self Reliant India)' and 'Make in India for the World'.'
Time of India
28 minutes ago
- Time of India
HAL announces Rs 15 final dividend for FY25. Check record date and other details
State-run aerospace and defence major Hindustan Aeronautics Ltd (HAL) has recommended a final dividend of Rs 15 per equity share for the financial year 2024-25. This represents 300% on the face value of Rs 5 per share, subject to shareholder approval at the upcoming Annual General Meeting (AGM). If approved at the AGM, the dividend will be paid to eligible shareholders within 30 days of approval. The company has also announced that the record date for determining eligibility for the final dividend is Thursday, August 21, 2025. This move comes on the back of another strong financial year for HAL, underlining its consistent performance and robust cash flows. The company has a track record of generous dividend payouts, supported by a healthy order book and rising demand for indigenous defence platforms. HAL is India's premier aerospace and defence company. It operates under the administrative control of the Ministry of Defence and plays a crucial role in the design, development, manufacture, repair, and overhaul of aircraft, helicopters, engines, and related systems. The company is a key supplier to the Indian Armed Forces and has been at the forefront of India's defence indigenisation efforts. Its flagship platforms include the Tejas Light Combat Aircraft (LCA), Dhruv Advanced Light Helicopter (ALH), Rudra, and Light Combat Helicopter (LCH), among others. HAL is also responsible for the production and servicing of legacy aircraft such as the Sukhoi Su-30MKI, Jaguar, and Mirage 2000. As of FY25, HAL boasts a robust order book exceeding Rs 1.2 lakh crore, which includes long-term projects such as the Tejas Mk-2, HTT-40 trainer aircraft, and advanced helicopters. The company is expanding its capabilities in UAVs, space systems, and engines, aligning with India's push for defence self-reliance under the Atmanirbhar Bharat initiative. HAL is among the top government-owned firms in terms of market capitalisation and dividend yield, making it a favourite among long-term investors and dividend-focused portfolios.
