Indian Share Market

Tiger logistics is a end to end supply chain solutions company mainly concentrated on exports. It was established in 2000 and listed in BSE SME platform in 2013. Their website says that clientele includes – Hero Moto Corp, Yamaha Motors, Honda Motorcycles & Scooters, Honda Cars, TVS, Bajaj Auto, Piaggio, BKT, LG Electronics, Su-Kam, Dura – Line, Euro Vistaa, KCTEX, Alok Industries, Jindal Agro, Bombaywala, Mccain Foods, APAR Industries, Rachitech, Inox Wind, Somany, Goldsil, Lancer Footwear and so on. Financially the company looks strong and in a growth path. Sales have doubled since 2014 and PAT has almost tripled in the same time period. The debt is 6.5 crores as on March 2017 and debt to equity ratio is just 0.14. The company operates on very thin operating margin of around 5% and any adverse business conditions might affect the profitability of the company. The share price is at 167.25 as on 15th Sept 2017. The P/E ratio is 16.64 which is reasonable given the growth rate o...

The opinions provided in this blog is purely for informative and educational purposes. The readers should do their own analysis and take investment decisions or take the help of certified financial advisers/ research analysts. I am not a SEBI registered research analyst. The stocks analysed here may or may not be present in portfolio. I will disclose my holdings if any in the individual posts.

It has been a long time since I started investment in stock markets. This blog was idle for 6 years without any post. Now I intend to revive it with regular posts. I had thought about it multiple times in past one year but the SEBI regulations related to mandatory registration of research analysts stopped me. However, now I am clear that registration is not mandatory for those who provide opinion through public media. (Reference: Point 21 in this document ). In the past few years I have learnt more about markets both from fundamental and technical side. I would like to share my analysis going forward. Please provide your thoughts in the form of comments.