Tiger Logistics secures tender from HPCL for Logistics Services

Tiger Logistics (India) Limited, a BSE-listed leading international logistics player known for its expertise in handling the import and export of cargo and projects, has announced a significant achievement. The Company has been awarded another government tender from Hindustan Petroleum Corporation Limited marking a significant milestone to enter petro segment. This accomplishment positions our company to explore further opportunities in the petro sector, allowing us to broaden our footprint and strengthen our presence in the logistics business. We look forward to continuing our successful endeavors and contributing positively to the industry.

Mr. Harpreet Singh Malhotra, the MD of Tiger Logistics (India) Limited, shared his thoughts on recent achievements, stating, "I am pleased to announce that Tiger Logistics has successfully entered the petro segment through a significant government project secured via a tender from Hindustan Petroleum Corporation Limited. This achievement not only showcases our expertise in international cargo and project logistics but also positions us strategically for further growth in this lucrative industry. I extend my sincere thanks to our dedicated team, and we look forward to exploring new opportunities and ensuring sustained success for Tiger Logistics and its valued shareholders."

Shares of Tiger Logistics (India) Ltd was last trading in BSE at Rs. 721.35 as compared to the previous close of Rs. 711.30. The total number of shares traded during the day was 43830 in over 829 trades.

The stock hit an intraday high of Rs. 734.00 and intraday low of 715.00. The net turnover during the day was Rs. 31820330.00.

Source : Equity Bulls

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