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JPMorgan picks PhysicsWallah, Meesho, Groww for Gen Z growth

Positive+1

GreyOak summary

JPMorgan identifies India's Gen Z consumers as a key growth driver for consumer internet businesses over the next decade. The brokerage rates PhysicsWallah, Meesho, and Groww as overweight due to their high exposure to younger users. Other picks include Swiggy and Info Edge for durability, while real estate and travel sectors face lower growth potential due to older demographics.

What it affects

  • Rated overweight as having the youngest user base.Rolling sentiment Positive +36

  • MeeshoMEESHOPositive +1

    Rated overweight with 65% Gen Z user base.Rolling sentiment Positive +49

  • PhysicswallahPWLPositive +1

    Rated overweight for high Gen Z exposureRolling sentiment Positive +64

Source

Read the original at Mint

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