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Shares of logistics company Tiger Logistics gained nearly 4 percent today as the company said that its board has approved a proposal to list its securities on the NSE mainboard. The counter opened at Rs 57.25 on the BSE against the previous close of Rs 56.55. The stock gained further to touch the high of Rs 58.50 a gain of 3.97 percent from yesterdays closing price. Last seen the counter was trading at Rs 58.60. The 52-week high of the stock is Rs 80.44 and the 52-week low is Rs 31.99. According to available data Foreign Institutional Investors (FIIs) and Foreign Portfolio Investors (FPIs) have increased their ownership of Tiger Logistics from 9.41 per cent to 9.76 per cent in the quarter ending March 2025. This increase in holdings indicates growing confidence in the companys prospects among foreign investors. Board Approves NSE Mainboard Listing The BSE-listed stock has announced that the board has considered and approved the proposal to list the companys securities on the National Stock Exchange of India Limited (NSE). This approval is a significant step for Tiger Logistics as it opens up new avenues for investment and potentially increases the companys visibility in the market. Considered and approved the proposal for listing the securities of the Company on the Main Board of the National Stock Exchange of India Limited (NSE) subject to the fulfilment of all requisite criteria for listing on the NSE Main Board and obtaining all necessary statutory and regulatory approvals if any the filing reads. Share Price History The stock has delivered a strong return of 128.05 per cent over the past three years and 53 per cent over the past year outperforming the market. However it has corrected by 16.67 per cent on a year-to-date (YTD) basis which could be due to recent market conditions or company-specific factors. This correction may present a buying opportunity for investors who believe in the companys long-term potential. Tiger Logistics Q4 Profit Tiger Logistics has posted a robust 59.9 per cent growth in net profit at Rs 6.44 crore in the fourth quarter of the financial year 2024-25 driven by higher revenue. This strong profit growth is a reassuring sign for investors indicating the companys financial health and potential for future returns. It had posted a net profit of Rs 4.02 crore in January-March FY24 the company said in an exchange filing. Tiger Logistics revenue has seen a healthy 23.5 per cent rise to Rs 114.50 crore in the last quarter of FY25 from Rs 92.71 crore in Q4 FY24. This increase in revenue is a positive indicator of the companys growth and potential for future success. With PTI inputs