Small-cap stock to keep an eye on after it partners with Jindal Stainless for global steel shipmentsSmall-cap stock to keep an eye on after it partners with Jindal Stainless for global steel shipments

Introduction:

Leading logistics provider has extended its partnership with a major steel exporter, focusing on global transportation of steel products. This renewed collaboration enhances the company’s role in managing large-scale shipments and supporting international supply chains.

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Share price movement of Tiger Logistics:

On January 28, 2025, Tiger Logistics (India) Ltd opened at ₹59.10, down 0.12% from its previous close of ₹59.17. The stock reached a high of ₹61.88 (4.59%) and a low of ₹55.70. By 12:20 PM, it traded at ₹59.00, a 0.29% decrease, with a market cap of ₹623.78 crore.

Tiger Logistics Extends Partnership with Jindal Stainless:

Tiger Logistics (India) Ltd., a BSE-listed leader in international logistics, has renewed its partnership with Jindal Stainless. This extended collaboration will focus on managing logistics for steel products, marking a significant milestone for the company in global shipping.

The renewed agreement will see Tiger Logistics handling the global transportation of Jindal Stainless’ products, covering over 30 countries. In FY24-25, Tiger successfully managed more than 3,000 containers for the steel giant, reinforcing its role in the global supply chain.

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With a focus on precision, security, and timely execution, Tiger Logistics’ expertise in managing large-scale steel shipments demonstrates its critical role in supporting industrial growth. The company’s global presence continues to bolster international trade.

Recent news on Tiger Logistics:

As of December 30, 2024, Tiger Logistics (India) Ltd. has been empanelled by Hindustan Petroleum Corporation (HPCL) to provide logistics services, including air & sea freight solutions, for a contract valued at ₹5.46 crore over three years.

Stock performance of Tiger Logistics for Period of 1 week, 6 months and 1 year:

Tiger Logistics (India) Ltd has shown a mixed performance, with a 7.43% decline over the past week. However, its long-term performance remains strong with a 55.7% return over six months, despite a 29.5% drop over the past year.

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Shareholding pattern of Tiger Logistics:

All values in %	Dec 2024	Sep 2024	Jun 2024
Promoter	57.10%	57.10%	57.10%
FII	9.40%	8%	9%
DII	0.00%	0.00%	0.00%
Public	34%	34.80%	34%

About Tiger Logistics:

Tiger Logistics India Ltd. (BSE: 536264) is a leading third-party logistics provider offering international freight forwarding, supply chain management, project logistics, defense logistics, and cold chain services. It handles 4500 TEUs per month and is a top 3 CHA in North India.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.