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

Urban Company shares jump 18% to 12-week high after Q1 earnings

Urban Company's shares rose 18% to ₹152 as strong June-quarter earnings exceeded expectations. Despite a net loss of ₹92.1 crore due to investments in InstaHelp, the company saw significant growth, with NTV and revenue increasing 42% and 44% YoY, respectively.

Urban Company shares jump 18% despite Q1 loss, Morgan Stanley upgrades to overweight

The home services platform reported a consolidated net loss of ₹92.12 crore for Q1FY27, compared with a consolidated net profit of ₹6.94 crore in the year-ago period.

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.

Urban Company Jumps 18% As Morgan Stanley Bets On Core Business Growth

Update| August 3, 17:35 IST Shares of Urban company ended today’s trading session 13.2 % higher at ₹146.50 apiece on the BSE. Its market capitalisation stood at ₹22,592.9 Cr ($2.3 Bn). Original | August 3, 10:57 IST Shares of Urban Company surged as much as 17.7% to ₹152.20 apiece on the BSE today after Morgan Stanley upgraded the stock to ‘Overweight’, citing improving growth in its core India consumer services business and international operat…