Name: Latest research reports of TCI Express Ltd. authored by Motilal Oswal and published by - Trendlyne research reports.
Item: TCI Express Ltd.
Rating: 3
Author: Motilal Oswal

TCI Express Ltd.

NSE: TCIEXP | BSE: 540212 | ISIN: INE586V01016 | Industry: Warehousing & Logistics
| Mid-range Performer

586.3000 7.40 (1.28%)

NSE Dec 23, 2025 15:31 PM

30.97% Fall from 52W High

Volume: 14,862

TCI Express Ltd.

06 Nov 2025

586.30

1.28%

Steady 2Q; volume and margins likely to recover as demand from the SME segment improves

Neutral: TCI Express Ltd.

Target

Motilal Oswal

TCI Express (TCIE)’s 2QFY26 revenue was flat YoY at INR3.08b (+8% QoQ), in line with our estimate. Volume growth was flat YoY, hit by the GST rate cut.

TCI Express Ltd. is trading below all available SMAs