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|Summary||Date||Stock||Broker||Price at Reco.||Target||Price at reco|
Change since reco(%)
|2017-06-12||Tiger Logistics (Ind..||Khambatta Securities||195.70||350.00||195.70 (-78.54%)||Buy|
Tiger Logistics Ltd. (Tiger or the Company) reported healthy set of numbers for 4Q FY17. During the quarter, net sales increased by 18% to Rs 892 mn (Rs 788 mn 4Q FY16). In 4Q FY17, EBITDA grew by 59% to Rs 51 mn (Rs 32 mn 4Q FY16) while the EBITDA margin stood at 5.7%. Profit before tax (PBT) increased substantially by 63% to Rs 47.6 mn...