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Brokerage initiates Meesho with underperform rating, ₹150 target

Brokerage research initiates coverage on Meesho with an underperform rating and Rs150 target price, citing its value-commerce model, rural and lower-tier-city reach, delivery efficiency, and monetisation challenges among price-sensitive consumers.

Newer report on another story , , Business Today : Meesho falls 6.9% after Nomura starts coverage with ‘reduce’ call

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Source Read the source at The Hindu BusinessLine

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