Urban Company Shares Crash 8%: What Is Driving the Stock's Fall Despite 41% Revenue Growth?
India, Oct. 19 -- The shares of this small-cap firm which is primarily involved in providing home and beauty services by linking consumers with professionally qualified individuals in sectors like cleaning, pest removal, appliance fixing, and many others were under spotlight after it declared its Q2 FY27 results.
With the market capitalization of Rs. 22,562 Crores,the shares of Urban Company Ltd reached an intraday low of Rs. 144.44 per share falling nearly 8.5 percent from its previous day close of Rs. 158.12 per share and has delivered a negative ROCE and negative ROE of 7.82 percent and 12 percent respectively
Strong business performance, but profitability remains a concern
In Q2 FY27, Urban Company registered robust growth in its...
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