Tiger Logistics (India) Ltd, a small-cap stock trading under ₹50, jumped over 8% during Monday’s session, riding the wave of a Diwali-fueled rally on Dalal Street. Investor optimism and a strategic hydrogen partnership with Russia’s H2 Invest have propelled the stock into the spotlight, signaling bullish sentiment.
Tiger Logistics Gains Momentum as Diwali Cheer Lifts Markets
Tiger Logistics (India) Ltd witnessed a sharp uptick in its share price on Monday, surging over 8% as festive optimism swept across Dalal Street. The stock, priced under ₹50, drew investor attention not only due to the broader market rally but also because of its recent strategic moves in the clean energy space.
Here are the key developments driving this momentum:
- Market Rally Boost
Indian stock markets opened higher on Monday, buoyed by Diwali enthusiasm and record-breaking consumer spending. This positive sentiment lifted several small-cap counters, including Tiger Logistics.
- Strategic Hydrogen Partnership
Earlier this month, Tiger Logistics signed a Memorandum of Understanding (MoU) with Russia’s H2 Invest LLC, a firm specializing in hydrogen technologies. The collaboration aims to develop infrastructure for transporting and storing liquid hydrogen in India.
- Cryogenic Innovation
The partnership will focus on deploying CryoSafe containers—advanced cryogenic tanks designed by H2 Invest—for safe and efficient hydrogen logistics. This marks a pioneering move by an Indian logistics firm into the hydrogen economy.
- Investor Confidence
The company’s forward-looking strategy and entry into the clean energy supply chain have sparked renewed interest among investors, especially as India ramps up its hydrogen ambitions.
- Trading Snapshot
As of midday Monday, Tiger Logistics was trading at ₹45.98 on the NSE, up ₹3.29 or 7.71%. On the BSE, it rose 6.59% to ₹45.79. The company’s market cap stood at ₹484.11 crore, with over 97,000 shares traded by 12:35 PM.
- Global Relevance
The tie-up with a Russian hydrogen tech firm positions Tiger Logistics as a potential player in the global green energy transition, aligning with India’s National Hydrogen Mission.
As festive fervor continues to energize the markets, Tiger Logistics’ strategic pivot toward hydrogen infrastructure could prove to be a game-changer for its growth trajectory.
Sources: MSN Money,LiveMint, Business Today