The stock market today threw up a surprising mover. While benchmark indices were flat, Tiger Logistics share price made headlines with a sharp intraday rally. On Tuesday, September 23, the small-cap logistics stock surged over 14% in BSE trade, standing out in an otherwise dull market session.
Market Performance: A Standout Rally
Tiger Logistics shares opened strong at ₹46.73, compared to the previous close of ₹46.31. From there, momentum picked up fast. The stock hit an intraday high of ₹52.99, marking a 14.42% jump.
By 12:40 pm, Tiger Logistics was still up 13.15% at ₹52.40, while the Sensex remained flat—a contrast that highlighted the buzz around this counter.
The move was not a one-off. Over the past week, the stock has witnessed notable volatility:
- September 17: +20%
- September 18: +7%
- September 19: -2%
- September 22: -8%
Tuesday’s surge added another twist to this rollercoaster ride.
What’s Driving the Buzz?
The sharp move in Tiger Logistics share price comes just ahead of a key investor event. According to the company’s exchange filing, representatives will participate in the “Arihant Capital – Bharat Connect Conferences Rising Star 2025” on Wednesday, September 24.
This event is expected to showcase the company’s business model and growth story to analysts and institutional investors. That anticipation seems to have lifted sentiment around the stock.
Company’s Clarification on Price Movement
It’s not the first time Tiger Logistics’ stock has drawn attention for big price swings. On September 19, the BSE sought clarification on the volatility.
In response, the company stated that there was no undisclosed event or price-sensitive information behind the sudden movements. It also highlighted that its recent direct listing on NSE may have contributed to broader participation and short-term trading volatility.
Summary: Stock Market Today and Tiger Logistics
In a market where most stocks struggled to move, Tiger Logistics share price stood out with a 14% jump and a new intraday high of ₹52.99.
The stock has been volatile in recent sessions, swinging between sharp gains and declines. But with the upcoming investor conference, it has once again captured the spotlight on Dalal Street.
For now, the company has clarified that no material developments are driving the moves, leaving traders to watch closely how the story unfolds in the days ahead.
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