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BlackBuck Rated ‘Buy’ by Ambit Capital With ₹885 Target on Growth Outlook
Ambit Capital initiated coverage on logistics company BlackBuck with a Buy rating, assigning a price target of ₹885 based on strong growth visibility and an expanding digital freight marketplace. Analysts highlighted BlackBuck’s improvements in fleet efficiency, higher platform adoption among trucking operators, and strengthening revenue streams across logistics services. The brokerage expects volume expansion to continue as India’s freight market digitises further. Shares reacted positively in early trade, with investors noting the company’s potential to benefit from both structural and policy-driven momentum in the domestic logistics ecosystem.
Explore:Mutual Fund Home
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BlackBuck Rated ‘Buy’ by Ambit Capital With ₹885 Target on Growth Outlook
Ambit Capital initiated coverage on logistics company BlackBuck with a Buy rating, assigning a price target of ₹885 based on strong growth visibility and an expanding digital freight marketplace. Analysts highlighted BlackBuck’s improvements in fleet efficiency, higher platform adoption among trucking operators, and strengthening revenue streams across logistics services. The brokerage expects volume expansion to continue as India’s freight market digitises further. Shares reacted positively in early trade, with investors noting the company’s potential to benefit from both structural and policy-driven momentum in the domestic logistics ecosystem.
Explore:Mutual Fund Home
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Ambit Capital assigned a Buy rating to BlackBuck with a ₹885 target, citing strong logistics growth, digital adoption, and expanding freight-market opportunities.
Ambit Capital initiated coverage on logistics company BlackBuck with a Buy rating, assigning a price target of ₹885 based on strong growth visibility and an expanding digital freight marketplace. Analysts highlighted BlackBuck’s improvements in fleet efficiency, higher platform adoption among trucking operators, and strengthening revenue streams across logistics services. The brokerage expects volume expansion to continue as India’s freight market digitises further. Shares reacted positively in early trade, with investors noting the company’s potential to benefit from both structural and policy-driven momentum in the domestic logistics ecosystem.
Ambit Capital initiated coverage on logistics company BlackBuck with a Buy rating, assigning a price target of ₹885 based on strong growth visibility and an expanding digital freight marketplace. Analysts highlighted BlackBuck’s improvements in fleet efficiency, higher platform adoption among trucking operators, and strengthening revenue streams across logistics services. The brokerage expects volume expansion to continue as India’s freight market digitises further. Shares reacted positively in early trade, with investors noting the company’s potential to benefit from both structural and policy-driven momentum in the domestic logistics ecosystem.
Companies:
BlackBuck
Ambit Capital
Tags:
logistics
stocks
logistics
stocks
India