Utsav Verma, Head of Research at Choice Institutional Equities, says that even after the strong listing gains, Meesho’s valuation still looks reasonable. The firm has set a target price of ₹200, indicating solid upside from the IPO level.
Utsav Verma, Head of Research at Choice Institutional Equities, says that even after the strong listing gains, Meesho’s valuation still looks reasonable. The firm has set a target price of ₹200, indicating solid upside from the IPO level.