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Meesho Share: Why Does Jefferies Expect Its NMV to Grow at a 25% CAGR Through FY30?

Synopsis: Jefferies initiated coverage on Meesho with a Buy rating and 34.77% upside potential, driven by strong value-commerce growth, expanding user base, efficient operations, and profitability improvement. This Mid-Cap Stock, engaged in operating an online marketplace that enables individuals and small businesses to buy, sell, and distribute a wide range of products across India through…
