Urban Company stock plunges 6% as lock-in ends, brokerages bearish.

Share market
C
CNBC Awaaz•15-12-2025, 12:12
Urban Company stock plunges 6% as lock-in ends, brokerages bearish.
- •Urban Company limited shares experienced a significant drop on Monday, December 15, after the three-month shareholder lock-in period ended.
- •The expiry of the lock-in period made 4.15 crore shares, or 3% of the total equity, eligible for trading.
- •Brokerage firms including Morgan Stanley, Goldman Sachs, and Kotak Institutional Equities have initiated coverage with negative outlooks, predicting further stock decline.
- •Despite a successful 2025 listing at an IPO price of ₹103, the stock has corrected 38% from its post-listing high of ₹201.18.
- •On Monday, shares traded at ₹125.70, down 2.44%, but remained approximately 21% above its initial public offering price.
Why It Matters: Urban Company limited stock drop highlights lock-in expiry and analyst rating impact.
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