Newly listed stock has 30% upside potential! JM Financial issues buy call; Check target price and key triggers

Shiprocket, a newly listed company, has received a bullish outlook from JM Financial. The brokerage expects the company's revenue to rise to ₹43.4 billion by FY29, with its core shipping business expanding steadily and emerging businesses becoming profitable in FY29. JM Financial has set a ₹165 target price, indicating a 30% upside.