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Stock hits 10% upper circuit as it expands operations by onboarding Amazon IXD Program

Alex Smith

Alex Smith

20 hours ago

3 min read 👁 4 views
Stock hits 10% upper circuit as it expands operations by onboarding Amazon IXD Program

SYNOPSIS: Nihar Info Global operationalised Amazon’s IXD program, expanding its warehousing footprint to 20+ fulfilment centres, improving delivery speed, inventory optimisation, logistics efficiency, and supporting scalable pan-India e-commerce growth.

During Wednesday’s trading session, shares of a company involved in the business of software and e-commerce hit a 10 percent upper circuit on BSE, after it announced scaling its supply-chain operations by onboarding the Amazon IXD Program.

At 02:06 p.m., shares of Nihar Info Global Limited were trading in the green at Rs. 6.48 on NSE, up by around 4 percent, compared to its previous closing price of Rs. 6.24, with a market cap of Rs. 7 crores. The stock has delivered positive returns of around 6 percent in one year, and has gained by over 18 percent in the last six months.

What’s the News:

According to the latest disclosures filed with the BSE, Nihar Info Global Limited has onboarded and operationalised the Amazon Inter-State Xpress Delivery (IXD) Program, marking a significant milestone in its logistics and supply-chain expansion strategy. 

The Amazon IXD Program is a logistics framework designed to streamline inter-state fulfilment through a simplified, cost-efficient single weight-handling fee structure, faster delivery timelines, and intelligent inventory allocation driven by automated algorithms based on regional demand patterns.

Following IXD onboarding, Nihar Info Global has significantly expanded its warehousing footprint, from just 2 warehouses earlier to maintaining inventory across more than 20 Amazon and Flipkart warehouses/fulfilment centres spanning five states. With IXD enablement, the company is now eligible to store inventory across a wider network of Amazon fulfilment centres, allowing products to be positioned closer to end-customers.

Operationally, the company has completed all onboarding formalities, been fully enabled on the Amazon IXD platform, and has commenced inventory dispatch to multiple fulfilment centres across eligible states.

Strategically, this development strengthens Nihar Info Global’s pan-India distribution capabilities, improves delivery speeds and customer experience, enhances inventory optimisation and logistics cost efficiency, and supports scalable growth in the e-commerce segment. Overall, the move aligns with the company’s long-term focus on leveraging technology-driven platforms to expand market reach and improve operational efficiency.

Financials & More:

Nihar Info Global reported a significant growth in its revenue from operations, showing a year-on-year increase of around 1,061 percent from Rs. 0.51 crores in Q2 FY25 to Rs. 5.92 crores in Q2 FY26. Likewise, the company delivered a sharp turnaround in profitability, shifting from a net loss of Rs. 0.3 crore to a net profit of Rs. 1.3 crore over the same period.

Nihar Info Global Limited is engaged in the business of software and e-commerce. It undertakes development and/or trade in the sale, import or export of computer software, along with carrying out the business of research and development (R&D), designing, manufacturing, trading and dealing in all types of computer software and hardware and renders consultancy services in the field of software development and turnkey projects and solutions.

Written by Shivani Singh

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