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Urban Company Shares Jump Over 8% Ahead Of Lock-In Expiry


Shares of home services company Urban Company surged as much as 8.4% to INR 163.20 on the BSE during the intraday trading today, after a five-day losing streak that had pushed the stock below its listing price.

However, the shares pared some of the gains and were trading 5.9% higher at INR 159.50 at 11:12 IST. The company’s market capitalisation stood at INR 22,902.64 Cr (around $ 2.5 Bn), with about 1.8 Cr shares traded by that time.

The rally came a day ahead of the end of the company’s…



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