Search+Investment IdeasBrokerages are bullish on Meesho and Mahindra Logistics but remain cautious on Nykaa's long-term growth and margin aspirations.Synopsis Brokerages are selectively backing consumer, logistics, and e-commerce firms with strong growth prospects. Citi initiates coverage on Meesho with a 'Buy' rating, citing user growth and monetization potential. Elara Capital sees Mahindra Logistics as a turnaround success story poised for profit-driven compounding. However, HDFC Securities remains cautious on Nykaa, deeming its long-term growth and margin targets overly ambitious.Brokerages remain selective in the consumer, logistics, and e-commerce space, backing companies with strong growth visibility, improving profitability, and scalable business models.While Citi has initiated coverage on Meesho with a bullish outlook, citing its expanding user base and monetisation potential, Elara Capital sees Mahindra Logistics emerging as a profitability-led compounding story after a successful turnaround.In contrast, HDFC BYETMarkets.com 6 mins readJun 23, 2026, 10:03:00 AM ISTGift this Story to your friendsFONT SIZEAbcSmallAbcMediumAbcLargeSAVEPRINTCOMMENTContinue reading with one of these options:Limited AccessFreeLogin to get access to some exclusive stories & personalised newslettersLogin NowUnlimited AccessStarting @ Rs120/monthGet access to exclusive stories, expert opinions & in-depth stock reportsSubscribe NowETUh-oh! This is an exclusive story available for selected readers only.Worry not. You’re just a step away.What’s Included withETPrime Membership