Business Standard BofA Sec starts coverage on Meesho with Neutral; near-term upside priced in
BofA expects Meesho to deliver a 26% Net Merchandise Value (NMV) CAGR over FY26-29, driven by 15% CAGR in new user additions and a 13% CAGR increase in order frequency.
BofA expects Meesho to deliver a 26% Net Merchandise Value (NMV) CAGR over FY26-29, driven by 15% CAGR in new user additions and a 13% CAGR increase in order frequency.