TCI Express hits all-time high, surges 26% in 10 days

Shares of TCI Express hit a new high of Rs 925, up 6 per cent on the BSE on Monday in an otherwise subdued market after Finance Minister Nirmala Sitharaman on Saturday proposed to set up Kisan Rail in public-private-partnership (PPP) mode for cold supply chain to transport perishable goods.

TCI Express is a prominent player in the express logistics industry providing Door-to-Door express distribution services.

In the past 10 trading days, the stock outperformed the market by surging 26 per cent from Rs 733 level on January 23, 2020. In comparison, the S&P BSE Sensex was down 4 per