Meesho544632E commerce
Analysts gave a long-term positive view on Meesho for a senior citizen investor holding shares, citing its asset-light model, with technical levels to watch over 3-6 months
By ScoutQuest · · 1 min read
- Expected earnings growth
- 25 percent
- Target price
- 280 to 300
- Add position level
- 210
- Stop loss level
- 185
- Investor holding price
- 173 rupees
Heard on business television between 14:08:15 - 14:11:15 IST.
- Sneha Podar described Meesho as an e-commerce marketplace connecting consumers and sellers with an asset-light model and no seller commissions.
- She said in-house logistics provide operating leverage and negative working capital, and despite competition from larger e-commerce players, Meesho has long runway in price-conscious tier 2/3 cities.
- She expects about 25% earnings growth over the next two years.
- Neerav Chedda concurred, suggesting holding for the long term, with a target of 280-300 in the next 3-6 months.
- He advised adding more positions around 210, with a stop loss of 185, and booking profits near 280-300.
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The call above is Sneha Podar, Neerav Chedda, Motilal Oswal, Nirmal Bang's, reported here as they made it. Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.