Logistics stock gains over 5% as Q2 profit grows 17%, check share price and other details

Shares of homegrown logistics firm Tiger Logistics gained over 5 per cent on Wednesday as the company announced positive quarterly results. The stock opened at Rs 42.38 against the previous close of Rs 41.62 on the BSE. It gained further to touch the intraday high of Rs 43.88, representing a gain of 5.43 per cent from the previous close. On the National Stock Exchange (NSE), the stock began trading at Rs 42.40 against the previous close of Rs 41.58. The stock has been gaining for the last two days and has risen 4.08 per cent in the period. Last seen, the scrip was trading at Rs 43.17, with a gain of 3.82 per cent. The market cap of the company stood at Rs 456.41 crore. 

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