Cash Ur Drive Stock Soars Amidst Market Slump

Cash Ur Drive's stock price climbed to a day's high of ₹160.90 on the NSE, marking an almost 3% increase and moving closer to its 52-week peak of ₹166.50. This performance defied the broader market slump observed on Friday, May 29, 2026.

The company's financial performance for FY26 was highlighted by a 34% year-over-year increase in revenue, reaching ₹187 crore. Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) saw a significant 59% rise to ₹33.5 crore. Profit margins remained strong at 17.98%, showing a 285 basis point improvement from the previous year.

Raghu Khanna, Managing Director and Chairman, described FY26 as transformational, emphasizing strong financial results and strategic expansion. He noted the growth in income, EBITDA, and profit as testaments to the business model's strength and the increasing relevance of transit and outdoor media. Khanna also pointed to margin expansion as evidence of scalability and operational efficiency.

Despite the positive momentum for Cash Ur Drive, the broader market faced selling pressure, partly due to the MSCI index rejig which is expected to reduce India's weight in the MSCI EM index. The Nifty 50 index recorded a monthly loss of nearly 2%.