Ventura backs Delhivery, Urban Company, Tilaknagar & Ather with 31-41% upside targets

Ventura's long-term picks span India's consumer-facing names: logistics platform Delhivery (target ₹645, 37% upside, 18,838 pin codes), home-services marketplace Urban Company (₹185, 41%), spirits maker Tilaknagar Industries (₹598, 31%) riding its Imperial Blue buy, and EV brand Ather Energy (₹1,598, 40%) at ~18-19% market share.

— Source publishedWed, 1 Jul, 2026, 12:36 IST·First seen Wed, 1 Jul, 2026, 12:42 IST·Source Mint · Markets

What happened

Ventura's long-term stock picks include several India retail-relevant names: logistics platform Delhivery (37% upside), home-services marketplace Urban Company

Key facts

  • Delhivery target ₹645, 37% upside
  • Urban Company target ₹185, 41% upside
  • Tilaknagar target ₹598, 31% upside
  • Ather target ₹1,598, 40% upside
  • Delhivery 18,838 pin codes
  • Ather 2.63 lakh units FY26, ~18-19% market share

What to watch

  • Tilaknagar quarterly volume + Imperial Blue synergy commentary
  • Delhivery pin-code count and freight take-rate trends
  • Urban Company contribution margin and take-rate disclosures
  • Ather monthly registration/market-share prints (Vahan data)
  • Broader Nifty consumption and small/midcap flow direction
  • Rival brokerages issue confirming or contrarian notes within days, especially on Tilaknagar's Imperial Blue accretion math
  • Sell-side desks refresh EV two-wheeler share models pitting Ather vs Ola vs TVS
  • Retail/HNI flows rotate into the lower-float names (Tilaknagar, Ather) creating short-term momentum
  • Companies lean into guidance/investor updates to validate the upside thesis