📰 ET Markets 🔴 BEARISH 🕒 29 Oct 2026, 09:37 AM IST

Meesho shares fall 3% even as Q2 loss narrows to Rs 132 cr. Why Jefferies raised target price but Nomura remains cautious

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Core Development: Meesho shares fall 3% even as Q2 loss narrows to Rs 132 cr. Why Jefferies raised target price but Nomura remains cautious

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Market & Financial Impact: Meesho shares fell nearly 3% after Q2 FY27 net loss narrowed 68% year-on-year to Rs 132 crore, while revenue rose 34% to Rs 4,132 crore. Brokerages remained divided, with Jefferies and Motilal Oswal maintaining Buy ratings and Nomura retaining Reduce, citing growth prospects, margins and festive-season demand.

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Actionable Insight: 🔴 Bearish Risk: Regulatory scrutiny, profit decline, or sell-off risk may create near-term volatility.

Jefferies maintained its ‘Buy’ rating on Meesho shares.

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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 ↗

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Meesho shares fall 3% even as Q2 loss narrows to Rs 132 cr. Why Jefferies raised target price but Nomura remains cautious

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