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Meesho shares surge over 7% after Q4 losses shrink sharply; Morgan Stanley raises target price

Meesho shares surged after the e-commerce platform posted an 88% YoY drop in Q4 losses to Rs 166 crore, while revenue jumped 47% to Rs 3,531 crore. The company also reported a 43% rise in gross merchandise value to Rs 11,371 crore and a similar increase in orders to 717 million, driven by strong user growth and engagement.

Source :- Markets-Economic Times Read More

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