Citi has initiated coverage on Meesho with a 'Buy' rating, citing the company's expanding user base and monetisation potential. According to reports from The Economic Times, the brokerage remains selective in the consumer, logistics, and e-commerce space, backing companies with strong growth visibility, improving profitability, and scalable business models. The investment thesis centers on Meesho's ability to convert its growing user base into revenue streams through effective monetisation strategies.
Elara Capital sees Mahindra Logistics emerging as a profitability-led compounding story after a successful turnaround. As reported by The Economic Times, the brokerage recommends a 'Buy' rating on the logistics company, highlighting its transformation from a loss-making entity to a profit-driven business. The investment case focuses on Mahindra Logistics's ability to sustain its improved profitability metrics and continue compounding growth through operational efficiency improvements.
In contrast to the positive ratings on Meesho and Mahindra Logistics, HDFC Securities remains cautious on Nykaa, deeming its long-term growth and margin targets overly ambitious. According to reports from The Economic Times, the brokerage's assessment suggests that Nykaa's projected growth trajectory and profitability targets may not be achievable given current market conditions and competitive dynamics in the beauty and personal care sector.
Tata Capital shares experienced a correction on Monday following a significant rally that had propelled them to an all-time high last week. Despite the recent decline, the NBFC's stock had previously surged on strong fundamentals. Analysts at JM Financial have upgraded their rating to 'Buy', citing strong growth prospects driven by retailization and expansion. The company's robust Q4 performance, with a 43% net profit jump, further bolsters confidence in its medium-term earnings potential.
Yash Highvoltage shares surged as much as 12.4% to ₹940 after ace investor Madhusudan Kela's firm Anantroop Financial Advisory Services purchased nearly 14,000 shares for ₹1 crore. The company has approved a preferential issue worth up to ₹151 crore to fund expansion, including enhancing its Resin-Impregnated Paper bushing manufacturing to 550 kV. The strategic move aims to bolster Yash Highvoltage's position in the extra-high-voltage transmission segment amid strong institutional interest, with WhiteOak Capital India Opportunities Fund and Motilal Oswal among major investors acquiring significant stakes.
