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Meesho
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Net tone–
Market check₹217.06 −6.78%
Developing1 storyline
124 Sept
625 Sept
026 Sept
027 Sept
028 Sept
Broker call▼ bearishRising competition, premium valuations may cap gains in Meesho stockMeesho's asset-light value-commerce model and Valmo logistics network are strengthsE-commerceMarket valuationsShipping and logistics
Broker call▼ bearishMeesho shares slip 7% as Nomura assigns 'reduce' call; here's what the brokerage saysStockbrokersMarket valuationsE-commerce
Market move● mixedStocks making the biggest moves midday: PB Fintech, Welspun Corp, Meesho, and morePB FintechWelspun CorpStock exchanges
Market move● mixedWelspun Corp hits record high, PB Fintech rebounds; Ola Electric, Meesho fall on Nifty500 market openWelspun CorpPB FintechOla Electric Mobility
Broker call● mixedPrice Action: Meesho down 4% as Nomura keeps 'reduce' rating; LCC Projects jumps 4% on project winLCC ProjectsE-commerceMarket valuations
Broker call▼ bearishNomura initiates Meesho at Reduce, sees 28% downside to ₹167Nomura set a ₹167 target, implying 28% downside; shares fell as much as 5% to ₹221Market valuationsE-commerceEternal
Deal● mixedYouTube expands India shopping affiliate network with Amazon, Meesho and AJIOYouTube added Amazon, Meesho and AJIO to its India shopping networkE-commerceAmazonNykaa