India's Meesho gains after investment in marketplace unit

Meesho

11/12/2025 04:04

** Shares of Meesho MEES.NS rise 3.5% to 176 rupees on its second day of trading

** E-commerce firm invests via rights issue a 28.9 billion rupees ($321.05 million) in its unit which runs the application-based marketplace under the Meesho brand name

** MEES jumped about 58% in their debut on Wednesday

** Stock up 8.3% from yesterday's listing price

($1 = 90.0170 Indian rupees)

(Reporting by Aleef Jahan in Bengaluru)

((aleefjahan.cs@thomsonreuters.com))