ICICI Sees 53% Rally In Recently Listed Logistics IPO, Bull Case Suggests 75% Returns
India’s logistics ecosystem is experiencing rapid growth. Anticipating this growth, ICICI coverage on Shadowfax Technologies suggests a ‘Buy’ with a target price of INR 175. This is an upside of ~53% from the current market price of INR 114.21. The brokerage’s positive stance is rooted in Shadowfax’s rising position within India’s express parcel and hyperlocal […]
ICICI Sees 53% Rally In Recently Listed Logistics IPO, Bull Case Suggests 75% Returns Read More »






