Bangladesh, Oct. 29 -- E-commerce player Meesho's net loss for the September quarter narrowed year-on-year (YoY), with management signaling robust demand amid the festive season. However, brokerage views on the company remain mixed, with some expecting an upside of 25% while others see a 27% downside.

Global investment bank Jefferies and domestic brokerage house, Motilal Oswal retained their 'Buy' ratings on the stock while Japanese brokerage Nomura maintained its 'Reduce' call. The Meesho share price was 0.1% lower at Rs 227.57 apiece.

Meesho Q2 results Meesho reported a consolidated net loss of Rs 132.4 crore for the September quarter, compared with a loss of Rs 411.3 crore in the year ago quarter. Its consolidated revenue from opera...