India, Feb. 3 -- Shares of Zinka Logistics Solutions, the parent company of BlackBuck, jumped more than 2% at INR 412.10 apiece during the intraday trading on the BSE today (February 3).

This comes after brokerage JM Financial initiated a 'buy' rating on the company's stock, betting on BlackBuck's business future cash flow, along with a price target (PT) of INR 570.

As of 12:23 PM, the company's shares were up about 1.4% at INR 408.95 apiece on the BSE, compared to its last close of INR 403.35 per share, on Saturday (February 1).

The market capitalisation of the company currently stands at INR 7,217.10 Cr.

(The story will be updated soon.)

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