Meesho is newly rated 'Overweight' at JPMorgan on ad monetisation, NMV growth
Meesho, which reported widening of loss in Q3FY26 to ₹490 crore, had made its Dalal Street debut in December 2025. At CMP, Meesho shares are up 55 per cent from the IPO issue price of ₹111.
Axis Capital believes Meesho is well placed to benefit from e-com growth driven by rising tier 2 penetration, leveraging its value play and 'affordability' flywheel to drive user growth
Meesho launches "Vaani-Your Meesho Dost", a generative AI voice assistant to simplify online shopping, improve engagement, and drive conversions among new internet users
Meesho said the Assessment Order along with the Demand Notice does not have any major adverse impact on the company's financial position, operations, or other activities.
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Meesho reported a 12 times year-on-year increase in its net loss to ₹490.7 crore compared to ₹37.4 crore in the year-ago period
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Recently listed e-commerce firm reports higher logistics, employee and restructuring costs in the December quarter despite strong revenue growth
BofA expects Meesho to deliver a 26% Net Merchandise Value (NMV) CAGR over FY26-29, driven by 15% CAGR in new user additions and a 13% CAGR increase in order frequency.
JM Financial expects Meesho's profitability to be driven by higher advertising income and improved mark-ups as logistics costs for sellers decline
Meesho shares hit a 5 per cent lower circuit for the second straight session on Thursday after its general manager for business resigned
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Milan Partani to take expanded role over unified commerce platform, merging growth, content and business teams.
Meesho is currently trading at 7.4 per cent above its listing price on BSE of ₹161.2 per share and 56 per cent above its issue price of ₹111 per share.
UBS has set a target price of ₹220 per share, while Choice Broking's target stands at ₹200, compared with the current price of around ₹225
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At the high point on Thursday, Meesho stock was up 110 per cent from the IPO price.
The expiry of anchor lock-ins is closely tracked by market participants as it can influence post-IPO stock performance
Meesho stock rose as much as 19 per cent during the day to a new high of ₹214.4 per share, the best session since listing on December 10 this year