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Shadowfax debut eyed cautiously as market mood stays selective
Shadowfax is expected to debut at a discount, as weak grey market cues and valuation concerns temper optimism despite the company’s logistics scale and growth potential.
Shadowfax Technologies is set to list on Dalal Street amid cautious sentiment, with grey market signals pointing to a discounted debut. Analysts cite valuation concerns, muted IPO demand, and broader market volatility influencing expectations. While the logistics platform has strong scale and last mile presence, near term listing gains appear limited,keeping focus on long term execution, profitability roadmap,competitive intensity within India’s fast evolving logistics ecosystem.