Urban Company jumps 18% as revenue rises 43.9%; Morgan Stanley turns overweight
Urban Company reported Q1FY27 revenue from operations of ₹528.34 crore, up 43.9% year on year, alongside a consolidated loss of ₹92.12 crore. Morgan Stanley raised its target price to ₹165 from ₹128, citing India execution, margin potential and a path to consolidated breakeven by Q3FY28.
Urban Company shares surged nearly 18% after Q1FY27 revenue rose 43.9% despite a ₹92.12 crore loss. Morgan Stanley upgraded the home-services platform to overweight, citing stronger India execution, potential earlier profitability and improved segment-level margins.
Why this matters
The results follow Morgan Stanley's earlier upgrade and ₹165 target call, while Urban Company's InstaHelp recently reached 100,000 delivered orders in a day, signalling growing service-volume momentum.
retail-company is accelerating, up 224900% QoQ.