BofA starts India's Shiprocket at 'neutral', PT 145 rupees
BofA sees strong growth potential but says valuation already reflects much of the upside. It expects profitability in FY28 and adjusted EBITDA breakeven for emerging businesses only in FY29.
BofA sees strong growth potential but says valuation already reflects much of the upside. It expects profitability in FY28 and adjusted EBITDA breakeven for emerging businesses only in FY29.