Shadowfax Technologies shares jump 137% from IPO price; ICICI Securities sees 15% upside | Should you buy?

Shadowfax Technologies shares surged 137% from their IPO price, driven by strong growth expectations in express parcels and hyperlocal deliveries.

ICICI Securities raised its target price to ₹330, retaining an 'Add' rating, but also flagged pricing pressure and inflation as potential risks.