Shares of surged as much as 15.08 per cent to ₹126.72 on the on Wednesday morning, making it one of the top 10 most traded stocks on the exchange by 9.49 am. The stock opened at ₹112.90, against a previous close of ₹110.11, and hit an intraday high of ₹126.80. Trading volume stood at 347.60 lakh shares with a traded value of ₹422.65 crore. Buy orders accounted for 71.08 per cent of total quantity traded versus 28.92 per cent on the sell side.
The surge follows a significant bulk and block deal activity on Tuesday. SBI Mutual Fund purchased a combined 4 per cent stake in the company — buying 22,493,959 shares on at ₹109.83 and an additional 35,063,090 shares on NSE at ₹109.85, amounting to roughly ₹632 crore in total. On the sell side, Wellington Hadley Harbor AIV Master Investors offloaded 31,778,560 shares on BSE, while DF International Partners II LLC and ABG Capital sold 17,653,000 and 17,410,090 shares respectively on NSE — all transacted at approximately ₹109.9.
A lock-in expiry event was also a recent overhang on the stock, with Urban Company seeing a 66 per cent unlock on March 17. The stock had hit a 52-week low of ₹100.70 as recently as March 4, 2026, and remains well below its 52-week high of ₹201.18 touched in September 2025.
Urban Company commands over 60 per cent market share in the online home services segment and is the only scaled multi-category player in India’s largely unorganised home services market. The company’s total market cap stood at ₹18,481.96 crore as of the time of writing, with a free float market cap of ₹1,312.22 crore. The stock is part of the NIFTY IPO index, having listed on September 17, 2025.