Meesho shares rose 6% after UBS maintained its Buy rating and increased the target price to ₹260, forecasting strong growth and improved margins. UBS anticipates sustained NMV growth and higher profitability driven by logistics cost reductions and enhanced advertising revenue.
Meesho shares rose 6% after UBS maintained its Buy rating and increased the target price to ₹260, forecasting strong growth and improved margins. UBS anticipates sustained NMV growth and higher profitability driven by logistics cost reductions and enhanced advertising revenue.
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