JM Financial has started coverage on Meesho with a ‘Reduce’ rating and a Rs 170 target for March 2027, citing limited upside after the stock’s sharp post-listing rally. Meesho, which debuted at Rs 161.20 in December, surged 58% to Rs 254.65 but has since corrected nearly 36% and is now trading at Rs 164.
Tata Consumer Products shares tumble 5% after Q3. What should investors do?
Tata Consumer Products shares dropped significantly on Wednesday. This occurred even as the company reported a 38% year-on-year profit jump and 15% revenue increase for