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MEESHO SHARE FALL WHY
Meesho shares can fall 28%, warns Nomura after initiating coverage with Reduce call. Here is whyShares of Meesho dropped up to 5% to Rs 221 after Nomura initiated coverage with a Reduce rating and a Rs 167 target price, citing a 28% do...- Ahead of Market: 10 things that will decide stock market action on WednesdayIndian equities reversed morning gains on Tuesday, with Sensex falling 330 points and Nifty closing lower after sharp volatility during the...
- Meesho shares rally 12% after UBS hikes target price by 24%. What’s keeping analysts bullish?UBS has raised its Meesho estimates across NMV, contribution profit and EBITDA, citing stronger seller and buyer growth and improving unit ...
- Invesco’s ₹16,000 crore midcap fund delivered 426% return in 10 years. Aditya Khemani reveals the strategyInvesco India Midcap Fund has impressively delivered a 426% return over a decade, showcasing an investment strategy that values robust earn...
- Flipkart, Amazon look beyond ecommerce as user share slipsAmazon and Flipkart are expanding into quick commerce, microdramas, OTT videos and food delivery as they lose active users to 10-minute del...
- Ahead of Market: 10 things that will decide stock market action on FridayIndian equities snapped a seven-session losing streak as falling US bond yields, short-covering and stronger sentiment lifted markets. Sens...
- Meta apologises over lapses; Ola Electric shares surgeMeta apologised for lapses on its platforms during a meeting with IT Secretary S Krishnan. This and more in today's ETtech Top 5.
- D-St set for a negative opening as GIFT Nifty signals weak startDomestic equities extended losses for a fourth consecutive session, with the Nifty declining. Investor sentiment remained fragile amid a sh...
- Flipkart chief rules out IPO timeline; Infosys names new CEOHappy Friday! Flipkart group CEO Kalyan Krishnamurthy talked to us about IPO plans, quick commerce, and festive demand. That and more in to...
- Stocks in news: Infosys, Cipla, Meesho, Suzlon Energy, IndiGo, NTPCMarkets extended their losing streak for a fourth consecutive session. Infosys reported a 12% year-on-year profit growth in its first quart...
- 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...
- 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...
- Meesho's Q3 losses jump 13X on logistics network expansion, higher growth spendingMeesho’s net loss surged 13 times to Rs 491 crore for Q3, driven by the expansion of its logistics arm Valmo and customer acquisition costs...
- 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 IPO: How the women-powered platform left Amazon and Flipkart chasing discountsMeesho has emerged as India’s largest e-commerce marketplace by tapping millions of value-conscious shoppers in small towns. Built on low p...
- More startups want to ‘flip’ back to India; SoftBank’s returns from listed firmsStartups are moving their overseas holding entities to India ahead of their forthcoming public listings, especially in the fintech sector w...
- Byju’s, Meesho face valuation cuts; electric two-wheeler beneficiaries’ tally under FAME slashedOn Tuesday, BlackRock further marked down the valuation of edtech firm Byju’s, while Fidelity Investments slashed Meesho’s valuation by 10%...
- Meesho cuts 15% workforce to prune costs; Tim Cook sees India at a ‘tipping point’After firing 150 employees nearly a year ago, ecommerce startup Meesho has announced layoffs again that will affect 251 employees as it aim...
- Delhivery’s ecommerce shipments market share slips to 21% in FY23Delhivery's market share is expected to further fall to 19% by FY30, according to a report by brokerage firm Bernstein.
- Meesho tightens returns process to save costs, triggers seller protestsMeesho undertook changes to its product returns policy following feedback from its third-party logistics partners, the sources added. Retur...
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