Meesho Shares Jump 6% on AI Voice Assistant Launch, Trims Monthly Losses

• Meesho Ltd. shares surged 6% on Tuesday, March 24, alongside other platform companies.
• The gain follows the launch of "Vaani - Your Meesho Dost," a generative AI-powered conversational voice shopping assistant.
• Vaani aims to make e-commerce accessible, especially for users in tier 2 and smaller markets, by replicating offline shopping conversations.
• Despite recent gains, the stock trades below its 50-day moving average and is down over 40% from its post-listing high of ₹254.
• Six analysts cover Meesho: two 'buy', three 'hold', and one 'sell' recommendation.