Jefferies sets Meesho at Rs 225, DAM Capital tags PhysicsWallah Rs 140 in fresh 10-stock coverage
Brokerages initiate coverage on Meesho (Buy, Rs 225, 35% upside) on 25% NMV CAGR thesis through FY30, PhysicsWallah (Rs 140, 31% upside) on 24% revenue and 71% EBITDA CAGR FY26-28E, and apparel exporter Pearl Global (Rs 2,070, 27% upside), with the basket flagging upsides up to 63%.
What happened
Brokerages initiate coverage on 10 stocks including Meesho (Jefferies, Buy, Rs 225), PhysicsWallah (DAM Capital, Rs 140), Pearl Global garments exporter (PL
Key facts
- Meesho TP Rs 225, 35% upside
- PhysicsWallah TP Rs 140, 31% upside
- Pearl Global TP Rs 2,070, 27% upside
- Meesho 25% NMV CAGR by FY30
- PW 24% revenue, 71% EBITDA CAGR FY26-28E
Why this matters
Buy ratings on Meesho at Rs 225 and PhysicsWallah at Rs 140 reset reference valuations for any consumer-internet or edtech M&A conversation, while Pearl Global's coverage spotlights apparel export consolidation angles.