Urban Company shares plummeted 11 percent Monday after reporting a significantly widened Q4 loss of 161 crore rupees, driven by aggressive investments in its InstaHelp quick-service platform. The stock tumbled to 125.97 rupees from a previous close of 139.67 rupees on the NSE. The company's consolidated net loss expanded dramatically from just 2.84 crore rupees in the same quarter last year, reflecting intensified spending to expand instant services. While Goldman Sachs maintained a neutral stance with a marginally raised target of 140 rupees, citing strong core services growth and improved operating leverage, the brokerage cut long-term EBITDA estimates due to expected sustained losses in instant services. Morgan Stanley kept an underweight rating but raised its target to 128 rupees, acknowledging strong execution and strengthened market position in home services.
