Meesho Stock Rises Post-Debut; InCred Cautions on Sustaining Breakeven

business
M
Moneycontrol•10-12-2025, 12:55
Meesho Stock Rises Post-Debut; InCred Cautions on Sustaining Breakeven
- •Meesho stock continues to rise after a strong market debut.
- •Meesho's Rs 5,421.20 crore IPO was oversubscribed 79 times.
- •The IPO listed at a 45% premium on both BSE and NSE on December 10.
- •InCred assigned a 'Subscribe' rating for near-term gains, citing attractive valuations.
- •InCred cautioned about challenges in sustaining EBITDA breakeven due to scaling, supply-chain, and price competitiveness.
Why It Matters: Investors face Meesho's strong debut gains vs. future operational challenges.
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