Meesho Shares Soar 129% in 7 Days: Experts Warn of High Risk, Advise Caution

• Meesho shares surged an astounding 129% in just 7 days post-listing, hitting a high of ₹254.40.
• Despite the sharp rally, market experts are advising investors to exercise caution due to high volatility and elevated risk at current price levels.
• Abhinav Tiwari of Bonanza notes Meesho's attractive long-term growth but warns that current high prices and ongoing challenges make immediate investment risky.
• Analysts believe the stock's rapid surge has pushed its price significantly beyond its true fundamentals, driven by IPO demand.
• Investors are recommended to wait for a more attractive price point to achieve better returns with lower risk, as current prices exceed brokerage targets.

Why It Matters: Meesho's stock saw a massive surge, but experts warn current prices are risky; wait for better entry points.