BlackBuck Shares Extend Fall For Fifth Session, Tank 5%

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SUMMARY

After finishing the previous four sessions in red, the company’s market capitalisation was at INR 6,462.65 Cr at 1:52 PM

While the stock performed badly in the last 5 days with a 14.00% negative return at the current market price, it slumped 29.92% in the last month

Last month, global brokerage firm Morgan Stanley initiated coverage on BlackBuck with an ‘underperform’ tag, giving a target price of INR 450 per share

Shares of BlackBuck’s parent Zinka Logistics Solutions Ltd dipped as much as 5% to reach INR…



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BlackBuck Shares Extend Fall For Fifth Session, Tank 5%


SUMMARY

After finishing the previous four sessions in red, the company’s market capitalisation was at INR 6,462.65 Cr at 1:52 PM

While the stock performed badly in the last 5 days with a 14.00% negative return at the current market price, it slumped 29.92% in the last month

Last month, global brokerage firm Morgan Stanley initiated coverage on BlackBuck with an ‘underperform’ tag, giving a target price of INR 450 per share

Shares of BlackBuck’s parent Zinka Logistics Solutions Ltd dipped as much as 5% to reach INR…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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