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Meesho share price rebounds 5% after three-day slide; JM Financial flags limited upside amid stretched valuations

Buzz line2 months ago05 mins

E-commerce firm Meesho saw its shares rebound 5% to the day’s high of 173 apiece on the NSE during Friday’s session, January 9, following a three-day sell-off, during which the stock had lost a cumulative 10%, signaling buying interest at lower levels. The recent decline in Meesho stock appears to have been triggered by the…

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