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Brokerages turn bullish on Meesho and Swiggy with calls offering up to 48% upside

Economy
Published on 13 May 2026
Brokerages turn bullish on Meesho and Swiggy with calls offering up to 48% upside

One stock gets a 48% upside rating, fast

Brokerages have started coverage on Meesho, Swiggy, and three other Indian stocks, spotlighting big upside potential. JP Morgan rates Meesho “Overweight” with about 11% upside, while Equirus gives Swiggy a “Buy” targeting roughly 48% gains. Analysts also turned constructive on Capillary Technologies, Shadowfax Technologies, and Shyam Metallics.

  • JP Morgan initiates Meesho with an Overweight call and ~11% upside
  • Equirus rates Swiggy Buy with ~48% potential gain
  • Coverage also extends to Capillary, Shadowfax, and Shyam Metallics
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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