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The Economic Times
The Economic Times
Debaroti Adhikary

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

Urban Company Motilal Oswal InstaHelp

Shares of Urban Company surged 15% to Rs 148 on the BSE on Monday even after the company reported a consolidated net loss of Rs 92 crore for Q1 FY27, meanwhile, revenue from operations jumped 44% year-on-year to Rs 528 crore.

Despite the sharp loss, Motilal Oswal retained its 'Neutral' rating on the stock while raising its target price to Rs 140.

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