Urban Company shares extend gains, soar 4% in 2 days: What’s next move for investors
Urban Company’s stock has soared to Rs 179 per share, with a 4% return since its listing. The IPO was highly oversubscribed, with QIBs bidding 147 times their quota. Analysts advise caution for investors, but recognize the company’s potential for growth due to its strong fundamentals and leadership in the tech-driven home services market.