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The SoftBank-backed company’s shares were locked in its 20% upper circuit at INR 216.35 during intraday trading on the BSE today
Meesho’s market capitalisation also zoomed to $10.81 Bn (INR 97,641.59 Cr), almost double its IPO valuation of about $5.5 Bn
UBS initiated coverage on the stock with a ‘Buy’ recommendation and set a price target of INR 220 for the stock
Ecommerce giant Meesho’s shares continue to rally post a bumper listing last week. The SoftBank-backed…
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The SoftBank-backed company’s shares were locked in its 20% upper circuit at INR 216.35 during intraday trading on the BSE today
Meesho’s market capitalisation also zoomed to $10.81 Bn (INR 97,641.59 Cr), almost double its IPO valuation of about $5.5 Bn
UBS initiated coverage on the stock with a ‘Buy’ recommendation and set a price target of INR 220 for the stock
Ecommerce giant Meesho’s shares continue to rally post a bumper listing last week. The SoftBank-backed…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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