Meesho Ltd Quarterly Results

Jatin Gedia of Teji Mandi has said that he sees range-bound price action between 23,800 and 24,100 in Nifty from a short-term perspective.

Amol Athawale of Kotak Securities flagged 'Ascending Triangle' and 'Symmetrical Triangle' breakouts on Meesho and PolicyBazaar weekly charts.

While gold has traditionally been a dormant store of value for Indian households, the current price upcycle is increasingly turning the asset into a source of liquidity through gold-backed loans.

In 2025 alone, 113 issues raised around ₹1.7 trillion, of which October was the biggest month, with 10 IPOs raising ₹45,188 crore, including a massive ₹35,441 crore through OFS.

Meesho said it continued investing in AI capabilities, engineering productivity and new consumer acquisition while maintaining a disciplined capital allocation approach.

The company expects AI to lower the cost of innovation, enabling it to build products faster while maintaining disciplined capital allocation and creating long-term value

In an interim order passed on May 29, the Delhi HC also asked Meesho to disclose details of the sellers behind the listings

The acquisition gives Meesho access to a platform serving over 4 million retailers and strengthens its presence in India's grocery and business-to-business commerce markets

American financial services company Fidelity Investments on Wednesday divested a 1.3 per cent stake in e-commerce firm Meesho for Rs 988 crore through open market transactions. Fidelity Investments, through its two affiliates, FID FDI 2117 LLC and FID FDI 312 LLC, offloaded a total of 5,98,16,300 shares representing a 1.31 per cent stake in the Bengaluru-based e-commerce firm, according to the bulk deal data available on the National Stock Exchange (NSE). The shares were sold in the price range of Rs 165.18-165.21 apiece, taking the combined transaction value to Rs 988.15 crore. At the end of the March quarter, FID FDI 312 LLC owned a 1.13 per cent stake in Meesho, as per shareholding data available on the BSE. Details of the buyers of Meesho's shares could not be ascertained on the exchange. Shares of Meesho fell marginally to close at Rs 166.16 apiece on the NSE. Last month, Meesho said its consolidated net loss narrowed to Rs 166.34 crore for the fourth quarter ended March 31.

The buying on counter came after Jefferies initiated coverage on Meesho with a 'Buy' rating and a target price of ₹225 and amid large trades