Urban Company shares zoom 15% after Q1 results. Why Motilal Oswal raised target price

Urban Company reported a Rs 92 crore net loss in Q1 FY27 despite a 44% YoY rise in revenue to Rs 528 crore, mainly due to losses from its InstaHelp business. Motilal Oswal retained its ‘Neutral’ rating but raised the target price to Rs 140, implying over 8% upside.

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.

Read more at the source

Leave a Reply

Your email address will not be published. Required fields are marked *