Penny Stock Under Rs 60 Jumps After Securing Large-Scale Solar Logistics Projects as Indian Solar Companies Ramp up Production of Modules

DSIJ Intelligence-1 / 30 Jul 2025/ Categories: Multibaggers, Penny Stocks, Trending

Penny Stock Under Rs 60 Jumps After Securing Large-Scale Solar Logistics Projects as Indian Solar Companies Ramp up Production of Modules

The stock is up over 40 per cent from its 52-week low of Rs 35.92 per share and has given multibagger returns of over 1,200 per cent in 5 years.

Tiger Logistics (India) Limited has successfully completed several major logistics projects for India's burgeoning solar manufacturing sector, moving approximately 2 GW of solar equipment in one project through its renewable energy division, TiGreen. This initiative supports India's push for energy security and self-reliant solar production, which demands specialised, capital-intensive, and time-sensitive logistics. These projects involved the end-to-end transport of high-value capital equipment, including specialised cargo for solar module manufacturing, from China to various Indian ports.

Despite challenges like limited vessel space, port congestion, and container shortages, TiGreen leveraged Tiger Logistics' strong presence on the China-India trade lane, deep understanding of solar supply chains, and extensive network to ensure timely and smooth execution. To further support TiGreen's goals in renewable energy logistics, Tiger Logistics plans to invest in people and technology, alongside utilising the company's trade lane expertise.

DSIJ’s ‘Micro Marvel' service recommends micro-cap stocks with the potential to grow multifold in long run. If this interests you, do download the service details here.

About the Company

Tiger Logistics India Limited, a Bombay Stock Exchange-listed company, is a prominent international logistics and solutions provider. It offers a wide range of services, including freight forwarding (air & ocean), defence & project logistics, transportation, and customs clearance. In 2023, the company launched its platform, "FreightJar," to offer competitive freight rates and streamlined booking for SMEs/MSMEs. With over 24 years of experience across diverse industries like automotive, renewable energy, and pharmaceuticals, Tiger Logistics operates globally through an asset-light, one-stop solution model. Founded in 2000, it focuses on delivering tailored, cost-effective, and personalised logistics solutions by working as a dedicated partner.

According to Quarterly Results, the net sales increased by 23.5 per cent to Rs 114.50 crore and net profit increased by 59.8 per cent to Rs 6.44 crore in Q4FY25 compared to Q4FY24. Looking at the annual results, the net sales increased by 123.2 per cent to Rs 536.31 crore and net profit increased by 108.4 per cent to Rs 27.01 crore in FY25 compared to FY24.

The company have a market cap of over Rs 540 crore. The stock is up over 40 per cent from its 52-week low of Rs 35.92 per share and has given multibagger returns of over 1,200 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.