23 Oct 2025 | 5 Mins Read
Urban Company shares fall 3% after Morgan Stanley's warning
Flipitmoney
The shares of Urban Company Limited dropped more than 3 percent on October 23 after Goldman Sachs delivered bearish notes, initiating coverage with an 'Underweight' and 'Neutral' rating, respectively, with target prices of Rs 117 and Rs 140 per share, implying 26% and 11% downside potential. The newly-listed stock was trading at Rs 153 apiece in the morning trading hours on Thursday.