Tiger Logistics Shares Hit Upper Circuit as Company Considers Stock Split Today

Tiger Logistics Shares Hit Higher Circuit as Firm Considers Inventory Cut up At the moment

In accordance with BSE analytics, Tiger Logistics shares have climbed 15 per cent up to now one month and a whopping 95 per cent in 3 months.

Share Market News: Tiger Logistics Shares Hit Upper Circuit as Company Considers Stock Split Today

Share Market Information: Shares of Tiger Logistics Restricted surged 4.68 per cent to the touch the intraday excessive of Rs 825 on Tuesday because the benchmark fairness indices bounced again in early commerce. That is additionally a brand new 52-week and all-time excessive.

The inventory has been gaining for the final 4 days and has risen 15.06 per cent within the interval. The counter has outperformed the sector by 3.3 per cent.

The surge in share worth comes because the board of administrators of the corporate is scheduled to fulfill to contemplate a proposal for a sub-division of the face worth of fairness shares.

“A gathering of the Board of Administrators of the Firm is scheduled to be held on Tuesday, ninth January, 2024 inter-alia to contemplate and approve … the proposal for sub-division/cut up of current fairness shares of the corporate having a face worth of Rs 10 every,” it had stated in a submitting dated December 21.

In accordance with BSE analytics, Tiger Logistics shares have climbed 15 per cent up to now one month and a whopping 95 per cent in 3 months. The counter has greater than doubled traders in simply 6 months, zooming a whopping 116 per cent.

Disclaimer: The article is for informational functions solely and never funding recommendation.



Rajesh

Meet Rajesh, our astute reporter dedicated to delivering daily insights into the dynamic world of business. With a keen understanding of market trends and a passion for unraveling the complexities of commerce, Rajesh brings you the latest in the business landscape.

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