Positive impactResults
Buy, Sell or Hold? Citi maintains buy on Meesho; Elara Capital recommends buy on Vishal Mega Mart
Economic Times 1 hr ago·24 Jul 2026, 5:02 am
Brokerages have issued fresh ratings on two consumer-facing stocks following their recent earnings reports. Citi has upgraded its stance on Meesho, citing the company's strong pricing power, while Elara Capital has maintained a 'Buy' recommendation for Vishal Mega Mart after its latest quarter came in line with expectations. These calls suggest that analysts see continued growth potential in the e-commerce and retail sectors despite broader market volatility.
For Vishal Mega Mart, the 'Buy' rating and target price imply significant upside, reflecting confidence in the company's operational performance. Meanwhile, Citi's upgrade to Meesho highlights a positive shift in investor sentiment regarding the firm's ability to maintain margins. Investors should monitor these stocks for any further guidance from management regarding demand trends and expansion plans.
Affected stocks
Bullish1 stock
Bull / bear label is derived from the article's AI sentiment — indicative, not advice. Prices may be delayed.
Key takeaways
- Concerns Vishal Mega Mart (VMM).
- Category: Results.
- AI reads the tone as positive (potentially bullish) for the stock.
Why it matters
A routine update for Vishal Mega Mart. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.
