Buy, Sell or Hold? Citi maintains buy on Meesho; Elara Capital recommends buy on Vishal Mega Mart
Here's what's trending across India right now:
Brokerages issued fresh post-earnings calls on three stocks. Citi raised its Meesho target to Rs 220 (17% upside) based on strong pricing power. Elara Capital maintained a Buy rating on Vishal Mega Mart, setting a target of Rs 159 (44% upside) after an in-line quarter. Morgan Stanley maintained an Underweight rating on Cyient (Rs 820), preferring to see a sustained growth recovery despite a better-than-feared performance.
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Source: The Economic Times