India's Zinka Logistics climbs; brokerage expects higher revenue growth in Q1

Blackbuck

03/06/2025 09:40

** Zinka Logistics ZINK.NS climbs 1.7% to 445 rupees

** Co owns digital platforms used by truck operators to manage payments related to tolls and fueling

** Morgan Stanley expects co's payment revenues to grow 30%-35% y/y in Q1FY26 driven by improving toll collection trends

** Adds 60% of ZINK's rev comes from tolling business

** Brokerage's rating on stock is "equal-weight", PT at 490 rupees; ZINK rated "buy" on avg - per data compiled by LSEG

    ** Co reported ~31% rise in revenue in Q4FY25

    ** Stock eyes busiest trading session on record, volumes 82.4x the 30-day avg

** Stock down ~8% YTD

(Reporting by Manvi Pant in Bengaluru)

((Manvi.Pant@thomsonreuters.com; +918447554364;))