Tiger Logistics Shares Rise 1.14% After MoU with Russia’s H2 Invest for Liquid Hydrogen Transport Technology

New Delhi, October 14: Tiger Logistics (India) Limited’s share price is witnessing positive investor demand today, after the company announced that it has signed a Memorandum of Understanding (MoU) with Russia’s H2 Invest LLC. As of 10:30 AM, the shares were up by 1.14%, or 0.50 points, and were trading at ₹44.32. Until now, the shares have traded within a range of ₹45.20 and ₹44. The traded volume stood at 7.40 thousand shares, with the company’s market capitalization at ₹463 crore. The shares have their 52-week high at ₹80.44 and 52-week low at ₹39.10.

Tiger Logistics (India) Limited is an Indian company that provides international logistics and freight forwarding solutions. The company was established in 2000 and is headquartered in New Delhi. The shares of the company are listed on NSE with the ticker symbol TIGERLOGS and on BSE with the code 536264.

MoU with Russia’s H2 Invest for Liquid Hydrogen Transport Technology

The rise in the share price comes after the company announced that it has signed a Memorandum of Understanding (MoU) with Russia’s H2 Invest LLC. The MoU to develop cryogenic technology for storing and transporting liquid hydrogen in India. This partnership between the two companies is a first-of-its-kind between an Indian logistics company and an international hydrogen technology firm. The partnership will aim to strengthen India’s hydrogen supply chain under India’s national Green Hydrogen Mission.

The partnership will work on designing and deploying cryogenic tanks for moving hydrogen safely via trucks, railways, and container ships. H2 Invest will contribute its CryoSafe container technology and manufacturing expertise. The main goal of this collaboration is to establish a secure infrastructure for hydrogen transport and storage, which will help support India’s growing clean energy logistics ecosystem.

Energy of the Future

Chairman and Managing Director Harpreet Singh Malhotra said, “Hydrogen is the energy of the future, and its safe and efficient transportation will be key to realizing India’s clean energy ambitions. Our collaboration with H2 Invest brings together global hydrogen technology and Indian logistics expertise to create scalable, sustainable solutions for the industry.”

REF: https://nsearchives.nseindia.com/corporate/TIGER_13102025190427_Russia_MOU_Press_Release.pdf

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