BofA Names Meesho, Eternal Top New-Age Internet Bets In Q1 Preview
BofA's Q1 preview favors Meesho and Eternal among Indian e-commerce and quick-commerce names, forecasting 33% NMV growth for Meesho and 17% QoQ NOV growth for Eternal. Broker sees healthy growth across food delivery, fintech and services despite Middle East fuel-price risks.
BofA's Q1 preview names Meesho and Eternal as top new-age internet picks, forecasting healthy growth and margins across Indian e-commerce, quick commerce, food delivery and fintech names despite Middle East fuel-price risks.