Urban Company stock climbs 7% following FTSE index inclusion

Shares of Urban Company rose by almost 7% to reach ₹169.47, following the announcement that FTSE has included the firm in three of its indices, starting September 21. This development is expected to draw investment from exchange-traded and passive funds. In its financial report, the company noted a loss of ₹92.12 crore for Q1 FY27, though its revenue from primary business activities grew by 44% year-on-year to ₹528.34 crore.

by shortkt.com
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Urban Company stock climbs 7% following FTSE index inclusion | ShortKT