BlackBuck gets Buy rating as Ambit sees strong growth ahead, values stock at Rs 885
Brokerage Ambit Capital has initiated coverage on Zinka Logistics, the parent company of BlackBuck, with a Buy rating and a target price of Rs 885. The brokerage says the company has emerged as India’s largest commercial vehicle technology platform by sharply expanding its tolling and telematics offerings and improving profitability over the last three years….