Meesho's valuation woes prompt Nomura to assign 'Reduce' tag; stock down 5%

How 1 sources are covering this

• Business StandardCenter·1h ago

  Meesho's valuation woes prompt Nomura to assign 'Reduce' tag; stock down 5%

  At the current price, Nomura said that Meesho trades at a premium to Eternal and Swiggy, despite their higher NMV growth and cash-cow food delivery businesses.

  Read at Business Standard →