Zinka Logistics Shares Drop 7% on Debut – What Investors Should Know

Zinka Logistics, the parent company of BlackBuck, saw its shares tumble by 7% on the first day of trading after listing at Rs 260, below its issue price of Rs 280. The weak debut reflects concerns over high valuations and competitive challenges in the logistics sector. Analysts suggest investors should watch the company’s financial performance in the coming quarters before making long-term decisions. While its tech-driven logistics model shows promise, sustaining profitability remains critical. Short-term investors should tread cautiously, and long-term holders may wait for better clarity on growth prospects.

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