Meesho’s 129% post-IPO rally fizzles as stock slides 35% from peak amid valuation concerns. Buy, sell or hold?

Meesho’s sharp post-IPO rally has lost momentum as valuation concerns, lock-in expiry-related selling and cautious brokerage commentary weigh on the stock. While analysts flag limited near-term upside, the company’s strong user base, improving logistics efficiency, and differentiated e-commerce model continue to underpin its long-term business prospects.