Urban Company rallies as Morgan Stanley raises target on core growth
Urban Company shares rose as much as 17.7% after Morgan Stanley lifted its target price to ₹165 from ₹128. Q1 FY27 revenue grew 43.9% year on year to ₹528.3 crore, while rapid investment in InstaHelp widened the consolidated loss to ₹92.1 crore.
Urban Company shares jumped after Morgan Stanley upgraded it, citing accelerating core India and international growth. Q1 FY27 revenue rose 43.9%, but InstaHelp investments drove losses. The instant home-services unit is scaling rapidly amid intensifying competition from Snabbit and Pronto.
Why this matters
The move follows Urban Company’s 13% jump as InstaHelp crossed 100,000 daily orders and a 12% rise after Morgan Stanley’s double-upgrade to ₹165. It also follows an 18% revenue-led rally.
retail-company is accelerating, up 225617% QoQ.
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