Several brokerages have initiated coverage on Indian stocks like Meesho and Swiggy, forecasting significant upside potential. JP Morgan is ‘Overweight’ on Meesho with an 11% upside, while Equirus rates Swiggy a ‘Buy’ with a 48% potential gain. Other stocks covered include Capillary Technologies, Shadowfax Technologies, and Shyam Metallics, with analysts expressing bullish sentiments.
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