📰 ET Markets 🟢 BULLISH 🕒 09 Sep 2026, 02:30 PM IST

CLSA sees 29% downside in Meesho despite a 19% YTD rally. Buy, sell or hold?

⚡ Instant Key Takeaways (TL;DR)

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Core Development: CLSA sees 29% downside in Meesho despite a 19% YTD rally. Buy, sell or hold?

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Market & Financial Impact: CLSA maintained an Underperform rating on Meesho with a Rs 150 target, citing stretched valuations and optimism around advertising monetisation, order frequency and logistics savings. The brokerage sees significant downside if these growth drivers fail to meet market expectations.

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Actionable Insight: 🟢 Bullish Trigger: Positive business expansion or earnings beat may attract institutional and retail buying.

CLSA sees 29% downside in Meesho as growth expectations look stretched.

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.

Read Original Full Coverage on Economic Times ↗

CLSA sees 29% downside in Meesho despite a 19% YTD rally. Buy, sell or hold?

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