Zinka Logistics locked in 5% lower circuit for second
Dec 31, 2024 · Zinka Logistics stock has already surged over 100 percent since its market debut last month, which, according to Morgan Stanley, makes it less attractive at current levels. Moneycontrol News ...
Zinka Logistics shares tank 5% after net loss widens in Q2 results ...
Dec 16, 2024 · Zinka Logistics reported an earnings before interest, tax, depreciation and amortisation (Ebitda) gain of 15 crore rupees, compared to a loss of 34.1 crore rupees year-on-year, with an Ebitda margin of 15.18 per cent for the quarter.
Zinka Logistics risk-reward unfavorable after 105% rally
Dec 30, 2024 · Zinka Logistics recently turned profitable with a rapidly expanding margin profile. However, with its share price surging 105% since its listing on November 24, Morgan Stanley views the risk-reward balance as unfavorable.
Zinka Logistics: Bearish Clouds Bring Down Blackbuck Share Price, …
Dec 30, 2024 · Morgan Stanley initiated coverage on Zinka Logistics Solutions Ltd. with an 'underweight rating', citing growth moderation in its core tolling business and risks tied to regulatory and technological transitions. The brokerage has set a price target of RRs 450 per share, implying a 16% downside.
ZINKA LOGISTICS SOLUTIONS LIMITED - The Economic Times
Nov 24, 2024 · Zinka Logistics, an Indian trucking logistics platform, debuted on the stock market with a modest premium. The company, known for its BlackBuck app, aims to digitize the trucking industry by providing solutions for payments, load management, and financing.
Up 95% since listing in November, Morgan Stanley initiates ...
Dec 30, 2024 · Zinka Logistics shares in Monday's trade fell 4.5 per cent in early trade to the day's low price of Rs 509.4 as global brokerage Morgan Stanley initiated coverage on the stock with an 'underweight' rating pegged target at Rs 450. The set target implies a potential downside of 16 per cent from the previous close.
Zinka Logistics Solu News - The Economic Times
Dec 4, 2024 · Zinka Logistics share Price: Zinka Logistics Solutions' shares fell 7% post-IPO debut at Rs 279, with a 2.2% premium over the issue price. Investors are cautious due to financial challenges and legal issues.
Zinka Logistics IPO listing likely on November 22 - Market News
Nov 21, 2024 · Zinka Logistics Solution, which provides truck operators with an operating platform called BlackBuck, is all set to hit the bourses on November 21. The IPO opened on November 13 and raised Rs...
Zinka Logistics Solutions IPO Closes With 1.87x Subscription
Zinka Logistics Solutions IPO: More Details. Zinka Logistics Solutions on Tuesday mobilised over Rs 501 crore from anchor investors, a day before its initial share-sale opening for public subscription. The IPO is a combination of a fresh issue of shares worth Rs 550 crore and an offer of sale (OFS) of up to 2.06 crore shares.
Upcoming IPOs: Zinka Logistics And Two SME Issues Set To
Nov 10, 2024 · Zinka Logistics Solutions, a prominent digital platform supporting India’s trucking industry, has announced a price band of Rs 259-273 per share for its upcoming IPO, which opens for subscription on November 13.