JM Financial has initiated coverage on newly listed Urban Company and PhysicsWallah with Buy ratings, highlighting strong growth prospects and scalable models. The brokerage sees a 16% upside for Urban Company with a Rs 125 target, while PhysicsWallah’s Rs 110 target implies a 23.5% upside, supported by digital strength and expansion plans.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets