Meesho Share Price Live: Meesho stock rises further post-listing after blockbuster market debut – Check live stock price
Meesho Share Price Live: Mehta Equities says strong listing stretches valuations; advises selective holding
“Listing was well above our expectation, giving more reason to book profits considering the market volatility. We believe the 50% debut return stretches valuations slightly above the offer levels. While allotted investors with a higher risk appetite could look to hold the stock for 12-18 months, Meesho offers exposure to one of India’s fastest-scaling, value-driven e-commerce franchises.
The company has built strong leadership across key categories such as Fashion, Home & Kitchen, and Beauty & Personal Care, and its focus on unit economics and scale positions it well for long-term growth. At CMP ₹170, we believe valuations are running ahead, assuming strong earnings in the coming quarters,” said Prashanth Tapse, Senior VP (Research), Mehta Equities.