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Buy, Sell or Hold: Citi initiates buy on Meesho; Elara Capital recommends buy on Mahindra LogisticsBrokerages are selectively backing consumer, logistics, and e-commerce firms with strong growth prospects. Citi initiates coverage on Meesh...- Meesho shares rise 2% as Citi initiates coverage with Buy rating. Here's whyInternational brokerage Citi initiated coverage on Meesho with a 'Buy' rating, setting a target price of Rs 210 and anticipating a 23% upsi...
- Pocket FM begins reverse flip talks; eyes potential India IPOAudio entertainment startup Pocket FM is reportedly in discussions to shift its holding structure back to India, signalling potential plans...
- Sarvam’s unicorn raise; Big exits in new IPOsHappy Tuesday! Sarvam has vaulted into the unicorn club after a fresh funding round. This and more in today’s ETtech Morning Dispatch.
- Meesho: Why Jefferies believes the stock could rally 34% from current levelsJefferies sees significant growth for Meesho. The brokerage initiated coverage with a 'Buy' rating and a target price of Rs 225. This sugge...
- 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...
- Indian founders flip Y Combinator’s $25,000 AI tokens for quick bucksA grey market for discounted AI credits has emerged following Y Combinator's Startup School in India. Attendees are selling free credits fo...
- Ex-Peak XV trio raises Mettle; Fintechs go licence huntingHappy Thursday! Three former Peak XV MDs, who abruptly left the VC firm, are launching Mettle Capital to back Indian startups. This and mor...
- ETtech Explainer: AI is writing most of the code for companies — what this meansAI is now writing a large part of code for tech companies. Google, Microsoft, Meta, and Indian firms like Meesho and Freshworks are using A...
- 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...
- 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...
- Hero MotoCorp shares gain 2% after Q4 results. Why Goldman Sachs still forecasts 16% downside?Hero MotoCorp shares edged higher on Wednesday after the company reported record Q4 FY26 revenue and profit. However, Goldman Sachs still e...
- 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...
- Oolka raises $14 million led by AccelBengaluru's Oolka, a fintech startup, secured $14 million led by Accel, with Lightspeed and Z47 also participating. The funds will bolster ...
- 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...
- Axis Capital initiates coverage on Meesho with 'Buy' rating; lists 3 tailwinds, key risksAxis Capital initiates a 'Buy' on Meesho with a Rs 195 target, anticipating a 34% surge. The brokerage highlights Meesho's strong position ...
- Morgan Stanley starts Meesho coverage with equal-weight; flags full valuation. Check target, upside potentialMorgan Stanley began coverage on Meesho with an equal-weight rating and Rs 169 target, citing full valuations after the rally, early-stage ...
- JM Financial initiates Meesho coverage with ‘reduce’ rating, flags limited upsideJM Financial has started coverage on Meesho with a ‘Reduce’ rating and a Rs 170 target for March 2027, citing limited upside after the stoc...
- Meesho shares get first rating post listing, analysts see 80% upside from IPO priceNewly listed Meesho received its first analyst rating, with Choice Institutional Equities initiating coverage with a BUY call and Rs 200 ta...
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