24 Oct 2025 | 3 Mins Read
Urban Company's stock drops 28% from peak amid valuation concerns
Flipitmoney
Urban Company shares dropped 5% to ₹145 on Friday, October 24, after global brokerages Morgan Stanley and Goldman Sachs signaled a potential sharp correction due to premium valuations. Both brokerages remain optimistic about the company's long-term growth, with target prices of ₹117 and ₹140, suggesting a further downside of up to 24%.