Small-cap stock under ₹50, Tiger Logistics, jumped over 14 per cent in intraday trade on Wednesday, October 15. Tiger Logistics (India) share price opened at ₹43.40 against its previous close of ₹42.55 and surged over 14 per cent to an intraday high of ₹48.60. Around 10:50 am, the stock traded 9.8 per cent up at ₹46.70, looking set to snap its two-day losing streak. Equity benchmark Sensex was 0.57 per cent up at 82,495.
Tiger Logistics share price trend
The small-cap stock has been under pressure this year, having fallen by over 9 per cent. It hit a 52-week high of ₹80.44 on December 10 last year and subsequently, a 52-week low of ₹39.10 on September 5 this year.
(This is a developing story. Please check back for fresh updates.)