Brokerages issued fresh post-earnings calls on three stocks. Citi raised its Meesho target to Rs 220 (17% upside) based on strong pricing power. Elara Capital maintained a Buy rating on Vishal Mega Mart, setting a target of Rs 159 (44% upside) after an in-line quarter. Morgan Stanley maintained an Underweight rating on Cyient (Rs 820), preferring to see a sustained growth recovery despite a better-than-feared performance.

IndiaMART InterMESH maintains a HOLD rating with a target price of ₹2,060 amid strong revenue growth and strategic initiatives.

Meesho shares fell after the company warned of slower NMV growth in the September quarter due to the rescheduling of its flagship festive sale and higher customer acquisition…