The Economic Times News

IPO verdict: Meesho has levers, Aequs has margins, Vidya Wires needs time, says Sunny Agrawal

SBI Cap Securities Sunny Agrawal assesses the market debuts of Meesho, Aequs and Vidya Wires, calling Meeshos 45% listing gain strong but advising a tracking position as profitability levers unfold. He sees Aequs as a niche, high-margin long-term aerospace play, while urging investors to book profits in Vidya Wires and wait for earnings clarity before taking long-term exposure.