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SUMMARYMeesho’s shares continued to slide for the second straight session today after the company reported a sharp widening of losses in Q3 FY26 on Friday The stock ended today’s trading session at INR 157.05...
Morgan Stanley began coverage on Meesho with an equal-weight rating and Rs 169 target, citing full valuations after the rally, early-stage monetisation, and profitability still years away despite strong scale, growth prospects, and leadership in value e-commerce.
SUMMARYDuring December 22-26, twenty three new-age tech companies gained in a range of 0.21% to close to 14% while 26 new-age tech stocks declined in a range of 0.06% to close to 12% The cumulative market cap...
Meesho shares fell for a third session after a blistering 110% post-IPO rally, as a low free-float, short-covering pressures and profit-taking triggered a sharp reversal. Brokerages remain constructive on the long-term growth story, even as volatility rattles near-term sentiment.
It’s hard to hazard a guess on which has been faster – the speed at which you get almost anything delivered to your doorstep or the pace at which quick commerce stormed the online retail space. Although the...
Meesho shares have surged to a new record high, gaining 110% since their IPO. The company's market capitalization now exceeds Rs 1 lakh crore. International brokerage UBS initiated coverage with a Buy rating, predicting strong growth in Net Merchandise Value. This rally follows a successful IPO that saw significant demand from investors.
