BlackBuck Shares Extend Fall For Fifth Session, Tank 5%

After finishing the previous four sessions in red, the company’s market capitalisation was at INR 6,462.65 Cr at 1:52 PM

While the stock performed badly in the last 5 days with a 14.00% negative return at the current market price, it slumped 29.92% in the last month

Last month, global brokerage firm Morgan Stanley initiated coverage on BlackBuck with an ‘underperform’ tag, giving a target price of INR 450 per share

Shares of BlackBuck’s parent Zinka Logistics Solutions Ltd dipped as much as 5% to reach INR…