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UBS starts Urban Company at Buy, sees NTV reaching ₹10,000 crore by FY29

UBS initiated Urban Company with a buy rating and Rs 180 target, forecasting 32% NTV CAGR from Rs 4,300 crore in FY26 to about Rs 10,000 crore by FY29. It cited strong unit economics, execution and accelerating online home-services adoption.

Newer report , , NDTV Profit : Brokerages keep Urban Company on radar as UPI MDR debate gains momentum

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Reported figures

From the report. Source details below

Stock close: Rs 146.55, down 1.26%
Market capitalisation: Rs 17,144 crore
IPO issue price: Rs 103
NSE listing price: Rs 162.25, 57.52% premium
BSE listing price: Rs 161, 56.31% premium

Other figures

  • 84 lakh users
  • 59,000 service providers

The source

Source Read the source at Business Today

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Note Information, not investment advice. RetailIntel is not registered with SEBI.