InGovern Research Alleges Meesho's GST Treatment Provides Recurring Financial Advantage 1 day ago
InGovern Research has alleged that Meesho's GST treatment provides a recurring financial advantage to the company, as reported by ET Now. The proxy advisory firm's claims raise concerns over tax compliance and corporate governance at the e-commerce platform. The allegations invite scrutiny from investors and regulators regarding Meesho's fiscal practices. No details on the quantum of the alleged advantage or any regulatory response were available in the source data.
Citi Initiates Buy Rating on Meesho with Target Price of ₹210, Highlights Mass-Market E-Commerce Potential
Citi has initiated a Buy rating on Meesho with a target price of ₹210, citing the platform's value-focused marketplace model and strong growth fundamentals. Meesho reported 264mn+ annual transacting users, up 33% year-on-year, and 950k+ sellers, up 87% year-on-year. The brokerage highlights structurally lower seller costs, affordable consumer offerings, and strong technology-led scalability as key competitive advantages. Citi views Meesho as uniquely positioned to capture India's large mass-market e-commerce opportunity.
FTSE Index Rejig: Meesho Stock Set to See Addition of $49M (Rs 4.62B) Today at 3pm
Meesho is set to see an addition of $49M (Rs 4.62B) as part of the FTSE Index rebalancing scheduled for today at 3pm. The event is expected to trigger passive fund flows into the stock as index-tracking funds adjust their portfolios. FTSE Index rejigs are closely watched by institutional investors for their impact on stock-level trading activity.
17Jun 26
UBS Initiates Buy Rating on Meesho with Target Price of ₹210 Amid Indian Internet Sector Headwinds
UBS has initiated a Buy rating on Meesho with a target price of ₹210, citing stabilising GMV, NOV, and billings growth across internet segments. The brokerage also highlighted easing quick-commerce competition as a supportive factor. This positive stance comes even as Indian internet stocks have broadly corrected 10–30% year-to-date amid macro, competitive, and AI disruption concerns.
16Jun 26
Meesho Sees 24.2 Million Shares Traded in Three Blocks at ₹168.5
Meesho witnessed a block trade involving approximately 24.2 million shares traded across three blocks at ₹168.5 per share. The transaction reflects considerable institutional activity in the stock, though buyer and seller identities remain undisclosed.
Jefferies Initiates Buy Rating on Meesho with Target Price of ₹225
Jefferies has initiated coverage on Meesho with a Buy rating and a target price of ₹225, highlighting the company's scale-driven value-commerce model, loyal user base, and strong MSME network. The brokerage forecasts a 25% NMV CAGR and expanding take rates, projecting an approximately 3% adjusted EBITDA margin by FY30. Meesho's capital-efficient growth profile, supported by a net cash position and negative working capital structure, further strengthens the investment case outlined by Jefferies.
Morgan Stanley Maintains Equal-Weight on Meesho, Raises Target Price to ₹190 on Strong Q4 Performance
Morgan Stanley has maintained an Equal-weight rating on Meesho while raising its target price to ₹190 from ₹174, driven by strong Q4 performance and continued NMV acceleration. The company's contribution margin improved to 4%, and adjusted EBITDA came in better than expected due to operating leverage. Management's continued focus on near-term growth also supported the revised target. The Equal-weight rating reflects a neutral market stance, with the stock considered fairly valued at the updated target level.