Urban Company shares zoom 15% after Q1 results. Why Motilal Oswal raised target price
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. The sharp losses were led by InstaHelp, the company’s latest instant maid services. The company reported an adjusted EBITDA loss of Rs 132 crore for the quarter during Q1. Its EBITDA loss per order improved to Rs 346, from Rs 447 in Q4 FY26, driven by