📉 Meesho Slides 5% After Lock-In Expiry — Short-Term Pain, Long-Term Opportunity?

Meesho shares slipped 5% to ₹173.20 after 110 million shares became tradable following the one-month IPO lock-in expiry. Despite the dip, the stock still trades 56% above its issue price. Analysts view the decline as temporary, with UBS maintaining a ‘Buy’ rating and a ₹220 target, citing Meesho’s strong growth momentum and asset-light business model. #MeeshoIPO #IPOStocks #MidcapStocks #EcommerceIndia #StockMarketUpdate #Investing #MarketNews