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Tiger Logistics bags warehousing services order from BHEL; stock rebounds

Tiger Logistics

Tiger Logistics (India) recently won a significant contract from Bharat Heavy Electricals Limited (BHEL) for handling the export of goods by air. The logistics company will be responsible for providing a range of services, including custom clearance, forwarding, handling, transportation, and warehousing for BHEL.

This government project adds to Tiger Logistics’ successful track record, which includes collaborations with organizations like Hindustan Petroleum Corporation (HPCL), Hindustan Insecticides Limited (HIL), Airports Authority of India (AAI), Hindustan Aeronautics (HAL), and Bharat Earth Movers Limited (BEML). Additionally, the company announced a stock split in a 1:10 ratio earlier this month.