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

Shiprocket received a bullish outlook from JM Financial, which sees revenue rising to ₹43.4 billion by FY29. The brokerage expects its core shipping business to expand steadily and emerging businesses to become profitable in FY29. It set a ₹165 target price, indicating 30% upside.