Choice Equities sees up to 74% upside in Meesho, Nazara, Indiamart on AI-led platform plays
Choice Institutional Equities initiated post-Q4FY26 calls on new-age tech: Add on Meesho (TP Rs 210) and Indiamart (Rs 2,340); Buy on Nazara (Rs 400), OFSS (Rs 10,890) and Intellect Design (Rs 1,250, 74% upside). Thesis: AI-led platformisation accelerating monetisation across e-commerce, gaming and SaaS.
What happened
Choice Institutional Equities issues ratings on new-age tech stocks post-Q4FY26: Add on Meesho (TP Rs 210) and Indiamart (Rs 2,340); Buy on Nazara, OFSS,
Key facts
- Meesho TP Rs 210
- Indiamart TP Rs 2,340
- Nazara TP Rs 400
- OFSS TP Rs 10,890
- Intellect TP Rs 1,250 (74% upside)
Why this matters
Broker conviction on AI platform plays like Meesho, Indiamart and Intellect Design raises the bar on valuations and could reshape the M&A and partnership landscape in Indian new-age tech.