India, Feb. 4 -- Shares of BlackBuck, operating under Zinka Logistics Solutions, surged up to 5% to hit the upper circuit limit of INR 428.20 on the BSE today (February 4).

The stock opened 4.8% higher at INR 427 and fluctuated between INR 410.05 and INR 428.20 before breaching its upper circuit.

At this level, the company's market capitalisation stood at INR 7,556.82 Cr, while its trading volume remained low at just 29.6K.

The rally in stock comes a day ahead of the company's board meeting on February 5 to consider and approve the unaudited (standalone and consolidated) financial results for Q3 FY25.

In its first financial disclosure post-listing, BlackBuck slipped into the red in Q2 FY25 due to an exceptional loss of INR 320.74 Cr f...