{"id":1038792,"date":"2026-09-26T08:24:25","date_gmt":"2026-09-26T02:54:25","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1038792"},"modified":"2026-09-26T08:26:41","modified_gmt":"2026-09-26T02:56:41","slug":"meesho-shares-can-fall-28-warns-nomura-after-initiating-coverage-with-reduce-call-here-is-why","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/09\/26\/meesho-shares-can-fall-28-warns-nomura-after-initiating-coverage-with-reduce-call-here-is-why\/","title":{"rendered":"Meesho shares can fall 28%, warns Nomura after initiating coverage with Reduce call. Here is why"},"content":{"rendered":"<p>Shares of Meesho tumbled as much as 5% to their day&#8217;s low of Rs 221 on the BSE on Friday after international brokerage firm Nomura initiated coverage with a Reduce call and a target price of Rs 167, implying a steep 28% downside from current levels. <\/p>\n<p>Meesho operates a two-sided marketplace that connects value-conscious, mass-market Indian consumers with a long tail of SMEs and small manufacturers. Unlike traditional marketplaces, it monetises through advertising and fulfilment services rather than commissions, and caters to around 90% of India&#8217;s online shoppers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Meesho tumbled as much as 5% to their day&#8217;s low of Rs 221 on the BSE on Friday after international brokerage firm Nomura initiated coverage with a Reduce call and a target price of Rs 167, implying a steep 28% downside from current levels. Meesho operates a two-sided marketplace that connects value-conscious, mass-market Indian consumers with a long tail of SMEs and small manufacturers. Unlike traditional marketplaces, it monetises through advertising and fulfilment services rather than commissions, and caters to around 90% of India&#8217;s online shoppers.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1038792","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1038792","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1038792"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1038792\/revisions"}],"predecessor-version":[{"id":1038812,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1038792\/revisions\/1038812"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1038792"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1038792"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1038792"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}