India's Meesho falls after 9.7 bln rupees worth of shares change hands in block deal
24/08/2026 06:11
BUZZ-India's Meesho falls after 9.7 bln rupees worth of shares change hands in block deal ** E-commerce platform Meesho MEES.NS shares fall 1% to 203.53 rupees
** As many as 48.5 million shares of Meesho worth 9.70 billion rupees changed hands in a block deal
** Buyers and sellers of the block deal were not disclosed
** Strategic entities such as private equity firms, corporations and government agencies hold 55.17% of the company's shares - LSEG data
** 7 of 13 brokerages rate the stock "buy" or higher, 3 "hold" and 3 "sell"; their median PT is 212.50 rupees
** YTD, stock up 13.04%
(Reporting by Abhinav Parmar in Bengaluru)
Recent news on Meesho
See all newsIndia's Meesho rises after festive season sales witness strong opening-day demand
India's Meesho jumps as content commerce growth fuels profit hopes
Brief: Meesho Says Content Commerce Net Merchandise Value Grows 152% Year-On-Year In August
Snapdeal parent AceVector slumps over 19% in India debut (updated)
India's Meesho slumps after Nomura starts with 'reduce'