Positive impactCompany
Meesho shares can rally to Rs 240? Why Motilal Oswal initiated coverage on the platform stock
Economic Times 1 hr ago·28 Jul 2026, 10:35 am
Motilal Oswal has initiated coverage on Meesho with a 'buy' rating, suggesting the stock has room to grow. The brokerage firm has set a target price of Rs 240, highlighting the company's asset-light business model as a key driver for future performance. This model is expected to help the company generate free cash flow starting from fiscal year 2027.
For investors, this development signals confidence in Meesho's path to profitability. The brokerage points to the company's recent Q1 results, which showed a reduction in losses and growth in marketplace revenue. These improvements suggest that Meesho is becoming more efficient and sensitive to growth in Net Merchandise Value (NMV) and margin expansion.
Investors should keep an eye on Meesho's future quarterly results, specifically looking for continued improvements in its loss-making trend and growth in marketplace revenue. The realization of free cash flow in FY27 will be a critical milestone to watch, as it could validate the brokerage's bullish outlook on the stock.
Key takeaways
- Category: Company.
- AI reads the tone as positive (potentially bullish) for the stock.
Why it matters
A routine update. 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.
