Meesho
Latest news, explainers and analysis on Meesho. Tracking 5 stories on Arth Vani.
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Latest on Meesho
MSCI India Index Adds LIC, Adani Green, Meesho; PI Industries Exits in November Rejig
The MSCI India Index will see four new additions, including Life Insurance Corporation of India (LIC), Adani Green Energy, and Meesho, as part of its November 2023 rebalancing. Conversely, PI Industries will be removed from the index. These changes, effective from November 30, 2023, could influence institutional investor flows into these stocks.
Meesho Pours ₹375 Crore into Payments Arm, Eyes In-House Lending Unit
E-commerce giant Meesho has invested approximately ₹375 crore ($45 million) into its payments division, according to a report by Dealroom. This strategic move is accompanied by the company's plans to establish an in-house lending unit, signaling a deeper foray into financial services.
Jio, Hero MotoCorp, TVS Motor, Hyundai, Meesho in HDFC Sky's Focus Today
HDFC Sky has identified prominent companies like Jio (part of Reliance Industries), Hero MotoCorp, TVS Motor, Hyundai, and e-commerce platform Meesho as being 'in focus' for today's trading. While the specific reasons for this spotlight were not detailed in the source, such mentions typically suggest potential market activity or investor attention.
Meesho Eyes 34% Growth: Jefferies Sets Bullish Target Ahead of Potential IPO
Global brokerage Jefferies has issued a 'Buy' rating for Meesho, forecasting a 34% surge in its valuation. The report highlights Meesho's dominance in India's value-commerce sector, particularly among price-sensitive shoppers in smaller towns.
Brokerage Picks: Bharti Airtel and CG Power Show Upside; Meesho Faces Reality Check
Financial analysts have issued new ratings for eight major Indian stocks, highlighting significant growth potential for Bharti Airtel and CG Power. While most picks suggest returns of up to 33%, e-commerce player Meesho has received a cautious 'Underperform' rating.
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