Stock market: Tiger Logistics is a global company, known for cargo export, this company has taken a huge decision in the interest of small investors, and this decision is only available for the Indian market.
Stock market
There is great news for investors in the stock market. It often happens that we cannot buy shares of a company because its price per share is too high. One such company is Tiger Logistics, whose cities are so overpriced that small investors would never consider buying them. The company has taken a very big decision in the interest of such investors. Investors can now buy shares of this company at very low prices.
Tiger Logistics is a global company, known for cargo export. The company has taken a very big decision in the interest of small investors, and this decision is for the Indian market. Indian unit Tiger Logistics has announced that the company will sell its cities at 1/10 the price from next month. It means that if the share price is Rs 800 then the investors will get only Rs 80.
Why are the shares selling so cheap?
Tiger Logistics has said that it will sleep its sero. It means that one share will be divided into many parts. The company has decided to sleep in a ratio of 10. It aims to benefit small investors. The company says its cities are too expensive for small investors and retail investors to invest. Now the price of a share will be 10% from the current price. With which anyone can buy shares. Talk sleep will reduce the price of stocks and increase the number.
When can the shares be bought?
According to the information given by the company to the stock market, on March 4, the company will divide each of its cities into tenths. The face value of which will be ₹10. It means that each city will get a face value of one rupee. The company has told the stock market that its shareholders have approved the stock float on February 10. The company has a board of directors but has fixed the date of March 4.
At what price will you get the shares?
Investors have been upbeat since the company’s stock float, with shares of Tiger Logistics up nearly two percent at 9:35 a.m. on Monday and trading at 825. If the shares slip at this price, the investors will be offered at a price of Rs 82.5.
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