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MEESHO SHARE SURGE
Macquarie initiates 'Underperform' rating on Meesho, sees 25% downside. Here's whyMacquarie has initiated coverage on Meesho with an ‘Underperform’ rating and a target price of Rs 125, implying nearly 25% downside. The br...- Kuku FM readies public market debut; SoftBank books Lenskart gainsKuku FM's parent has taken the first step towards a stock market listing. This and more in today's ETtech Top 5.
- IPO investors brace for 73 lock-in expiries worth $34 billion in three months. Will your portfolio be impacted?India’s stock market is set for a wave of IPO lock-in expiries over the next three months, with shares worth $34 billion from 73 recently l...
- Irrational pricing unlikely in third-party logistics even as ecommerce growth improves: Delhivery’s Sahil BaruaDelhivery CEO Sahil Barua anticipates no "irrational pricing" or heavy capital expenditure in the third-party logistics sector, despite pro...
- Crorepati investors splurge $1 billion to buy these 10 stocks. Should you follow the smart money?Wealthy investors are making significant moves, pouring over $1 billion into ten select stocks. This concentrated buying occurs even as the...
- BHEL shares' 85% returns, strong earnings fuel ownership churn as retail trims while FIIs, MFs raise exposureBHEL shares have delivered an impressive 85% return over the past year, fueled by robust earnings. This performance has attracted significa...
- Meesho shares surge over 7% after Q4 losses shrink sharply; Morgan Stanley raises target priceMeesho shares surged after the e-commerce platform posted an 88% YoY drop in Q4 losses to Rs 166 crore, while revenue jumped 47% to Rs 3,53...
- Job cuts at Freshworks; Meesho, PB Fintech Q4 earningsFreshworks announced job cuts as it ramps up AI focus. This and more in today's ETtech Top 5.
- Will Meesho's 60% comeback rally cool or can Q4 serve as a new launchpad?Meesho shares remain in focus ahead of Q4 results after a sharp 60% rebound from March lows. While brokerages expect strong NMV growth, con...
- Smallcap winners! Wockhardt, Tata Tech, CAMS, other stocks rally up to 11% despite overall market weaknessSmallcap stocks outperformed on Tuesday despite weak broader markets, with Wockhardt, Tata Tech and CAMS gaining up to 11% on strong Q4 ear...
- Meesho shares jump 10% as JP Morgan initiates coverage with Rs 215 target priceMeesho shares surged nearly 10% after JP Morgan initiated coverage with an 'Overweight' rating and a Rs 215 price target. The brokerage hig...
- The IPO afterlife for unicorns: How mutual funds are doubling down on next-gen leadersIndian mutual funds have boosted their investments in five new-age companies. Funds poured into stocks like Urban Company, Ather Energy, Le...
- Meesho shares plunge 10% on Rs 1,500 crore tax demand; down 44% from Dec highShares of Meesho fell 10% to hit the lower circuit after the company revealed a Rs 1,500-crore tax demand from the Income Tax Department, n...
- Meesho shares slide 21% in 3 days, after more than doubling in post-IPO surge. What's behind the decline?Meesho shares fell for a third session after a blistering 110% post-IPO rally, as a low free-float, short-covering pressures and profit-tak...
- Meesho shares decline 6% after 110% surge since listing; short squeeze triggers auctionMeesho shares saw a 6.3% dip to Rs 220.50 after a nearly 110% surge post-IPO. A short squeeze forced over one crore shares into auction due...
- 1 crore shares under auction! After Groww, now Meesho short sellers trapped in 100% stock rallyShort sellers in newly listed Meesho were caught off guard as a sharp 100%+ post-listing rally pushed over one crore shares into the exchan...
- Meesho shares rally 8%, double from IPO price in just 7 sessions. What’s driving the surge?Meesho shares have surged to a new record high, gaining 110% since their IPO. The company's market capitalization now exceeds Rs 1 lakh cro...
- Meesho shares hit 20% upper circuit, nearly double from IPO price. What’s triggering the rally?Meesho's shares surged 20% to an intraday high of Rs 216.35 after UBS initiated coverage with a Buy rating, citing strong growth potential....
- Bengaluru gives India another billionaire. Who is IIT engineer & Meesho cofounder Vidit Aatrey?Meesho co-founder and CEO Vidit Aatrey has joined India’s billionaire club after the newly listed e-commerce firm’s shares surged 13% to a ...
- IITian Vidit Aatrey joins billionaire club as Meesho shares rocket 74% from issue priceMeesho Ltd’s shares surged more than 74% from their issue price days after listing, lifting co-founder Vidit Aatrey into the billionaire cl...
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