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.
E-commerce marketplace Meesho expects to create over 10 lakh seasonal job opportunities across its seller and logistics ecosystem to meet the surge in demand during the upcoming festive season. The projected employment generation includes approximately 6.5 lakh jobs across its seller network and about 3.75 lakh roles across its logistics operations. "The festive season is an important period for businesses across our ecosystem to scale up and prepare for increased demand. "This year, we expect to enable over 10 lakh seasonal job opportunities... Nearly 1.3 lakh sellers are expected to hire seasonal workers across packaging, manufacturing, production, warehousing and inventory management, as they build inventory, launch new products and expand their festive collections," Meesho said in a statement on Friday. In the logistics sector, Meesho's own logistics platform, Valmo, along with its third-party logistics (3PL) partners, will scale up capacity. The seasonal roles in this segment
SAIF Partners, Elevation Capital and Peak XV Partners sold stakes in Paytm and Meesho, while institutional investors including NPS Trust and mutual funds emerged as buyers
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
Dutch technology investor reports $781 million India revenue in FY26 as PayU posts positive adjusted Ebitda for the first time, while Swiggy's quick-commerce investments weigh on profits
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
Meesho says its PRISM recommendation engine is reshaping product discovery, with AI-driven personalised feeds powering most orders on the platform
Choice Institutional Equities has maintained an 'Add' on Meesho with a target price of ₹210, based on 4x FY28 EV/Revenue, flagging the impending lock-in expiry on June 9, 2026, as a near-term overhang
E-commerce platform Meesho has partnered with the BSE to launch a new initiative aimed at helping micro, small and medium enterprises (MSMEs) and digital businesses transition into publicly-listed companies. The initiative, named 'Project Shikhar', was formalised through a Memorandum of Understanding (MoU) and aims to facilitate the listing of high-performing independent e-commerce sellers on the BSE SME platform, addressing their need for growth capital. BSE Managing Director and CEO Sundararaman Ramamurthy said the exchange pioneered the SME platform to give dynamic, job-creating businesses a direct route to capital markets. "Over the years, the BSE SME platform has enabled hundreds of MSMEs to list, raise growth capital and strengthen governance standards. This partnership with Meesho extends that ecosystem to digital-first entrepreneurs, helping e-commerce sellers become public companies," Ramamurthy said. A substantial segment of India's retail commerce operates in the informa
Given Meesho's premium valuation relative to domestic and global peers, the brokerage believes even partial monetisation by existing investors could create a meaningful supply overhang on the stock
Four major e-commerce platforms, Amazon, Flipkart, Meesho and JioMart, have delisted an allegedly unregistered agro-chemical product following notices issued by the Central Consumer Protection Authority (CCPA), which has since ordered a detailed investigation into the matter. The platforms informed the regulator that listings of "Cyclosinone Herbicide" had been removed with immediate effect and that seller accounts associated with such listings had been placed under scrutiny, the regulator said in a statement on Saturday. The CCPA, however, said the responses were only a first step and directed that the matter be taken up for comprehensive investigation. "The CCPA has placed the matter for detailed investigation," the regulator said. The notices were originally issued following a complaint by the Crop Care Federation of India (CCFI), forwarded by the Ministry of Agriculture and Farmers Welfare, alleging that the herbicide was being actively sold and promoted online despite not ...
Analysts at Choice Institutional Equities downgraded their rating to 'Add', citing limited upside from current levels, while those at JM Financial retained a 'Reduce' rating, citing rich valuations
E-commerce firm reports higher orders and improving margins in the March quarter as operating leverage and lower logistics costs support profitability
Q4FY26 company results: Firms including Shree Cements, Godrej Consumer Products, PB Fintech, Blue Star, and Raymond Lifestyle are also to release their January-March earnings today
Meesho is newly rated 'Overweight' at JPMorgan on ad monetisation, NMV growth