Tiger Logistics zoomed over 17 per cent even as benchmark indices Sensex and Nifty 50 slipped into the negative territory. The counter began the trading session with a minor gain at Rs 46.73 on the BSE. However it later surged to hit a high of Rs 54.40 representing a 17.47 per cent gain from the previous close of Rs 46.31. The stock has gained after two days of consecutive fall. Technically the scrip trades higher than the 5-day 20-day 50-day and 100-day moving averages but lower than the 200-day moving averages. The stock has been highly volatile today with an intraday volatility of 7.96 per cent. Q4 profit grows to Rs 6.44 crore Earlier the company posted 59.9 per cent growth in net profit at Rs 6.44 crore for March quarter FY25 driven by higher revenue. It had posted a net profit of Rs 4. 02 crore in January-March FY24 the company said in an exchange filing. The companys revenue rose 23.5 per cent to Rs 114.50 crore in the last quarter of FY25 from Rs 92.71 crore in Q4 FY24. The annual revenue surged over twofold to Rs 536.30 crore from Rs 240.25 crore in FY24. Earlier the company signed multiple agreements with three public sector entities BHEL BEML and Bank Note Paper Mill India for providing logistics handling and freight support through air and sea routes. Benchmark indices Sensex and Nifty slipped into the negative territory after rising in early trade on Tuesday amid fresh foreign fund outflow and concerns over the steep hike in US H-1B visa fees. The 30-share BSE Sensex climbed 147.53 points to 82307.50 in early trade. The 50-share NSE Nifty went up by 48.5 points to 25250.85. However soon after both the benchmark indices turned negative. The BSE benchmark quoted 185.86 points lower at 81980.47 and the Nifty traded 61.50 points down at 25135.45.