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MEESHO FINANCIAL PERFORMANCE
Meesho block deal: SoftBank-backed entity likely to sell 1% stake worth Rs 1,174 croreSoftBank-backed SVF II Meerkat may sell a 1% stake in Meesho through a Rs 1,174 crore block deal. The development comes as Meesho reports n...
Lenskart, Meesho deliver gains of nearly $400 million for SoftBank Vision fundsLenskart saw returns of $273 million, the highest among the Vision funds' listed investments, while Meesho gained $121 million, according t...
Qcomm’s Diwali boost; Energy startups attract fundsHappy Wednesday! Quick commerce powered a strong festive season for D2C brands. This and more in today’s ETtech Morning Dispatch.
UPI sees Diwali boom; AI cracks CaptchaDiwali spending fuelled a surge in UPI transactions, with both payment volumes and values rising. This and more in today’s ETtech Top 5.
Cyberattacks hit NBFCs; Pine Labs Q2 profit zoomsCyber criminals are targetting smaller NBFCs with specialised AI toolkits. This and more in today’s ETtech Top 5.
Stocks in news: Jio Platforms, RIL, Hero MotoCorp, Meesho, TVS Motor, Vedanta Aluminium and Suzlon EnergyIndian equities ended lower on Wednesday, primarily driven by selling in heavyweight stocks. Information technology and oil and gas shares ...
Meesho Q2 Results: Loss narrows to Rs 132 crore YoY, revenue rises 34%Meesho’s Q2 FY27 net loss narrowed 67.8% to Rs 132.45 crore, while revenue surged 34.4% to Rs 4,131.58 crore. Rising user engagement, stron...
Lenskart, Meesho among top picks as value retail leads India's consumption story: Siddhartha KhemkaValue-focused retail formats are growing, while premium categories experience challenges due to stock availability issues. Recent demand fl...
Can Fin Homes shares rally up to 5% after Q2 net profit jumps 10% to Rs 275 crore, NII rises 7%Can Fin Homes shares rallied up to 5% after the housing finance company reported a 10% year-on-year rise in Q2 FY27 net profit to Rs 275 cr...
Indian firms seen posting faster profit growth despite global headwindsIndian companies are projected to achieve profit growth during the September quarter despite various challenges affecting different sectors...
Models ready but data isn’t: Google’s Andi Gutmans on AI’s next big hurdleAs companies increasingly deploy AI, Google emphasises the importance of preparing corporate data for effective use. Andi Gutmans stated th...
Motilal Oswal sees 4 factors boosting risk-reward after market’s sharp fall from 2024 high, lists 27 stock picksMotilal Oswal Financial Services sees improving risk-reward for Indian equities as valuations cool, earnings recover and domestic liquidity...
Invesco’s ₹16,000 crore midcap fund delivered 426% return in 10 years. Aditya Khemani reveals the strategyInvesco India Midcap Fund has impressively delivered a 426% return over a decade, showcasing an investment strategy that values robust earn...
Meesho’s 129% post-IPO rally fizzles as stock slides 35% from peak amid valuation concerns. Buy, sell or hold?Meesho’s sharp post-IPO rally has lost momentum as valuation concerns, lock-in expiry-related selling and cautious brokerage commentary wei...
JM Financial initiates Meesho coverage with ‘reduce’ rating, flags limited upsideJM Financial has started coverage on Meesho with a ‘Reduce’ rating and a Rs 170 target for March 2027, citing limited upside after the stoc...
Meesho senior executive Megha Agarwal resignsMegha Agarwal, general manager-business, Meesho has quit the ecommerce marketplace, according to a stock exchange filing. Agarwal, who repo...
Meesho shares dazzle on debut, list at 46% premium over IPO priceMeesho shares surged 46% on their Dalal Street debut, listing at a significant premium to their IPO price. The strong listing followed an o...
Meesho lists today: Key subscription details, GMP trends and financialsMeesho’s Rs 5,421-crore IPO, subscribed 79 times, is set to list on December 10 with strong grey-market interest. Investors have shown heav...
Meesho IPO: Issue subscribed 79 times on Day 3 led by QIBsMeesho IPO: The company has priced its issue at ₹105–111 per share and is pitching itself as a fast-growing, low-cost marketplace with deep...
Meesho IPO Day 1 sees strong demand: Retail portion fully booked, GMP at 44%Meesho’s Rs 5,421-crore IPO saw a strong start, with retail investors fully subscribing within the first hour while overall subscription re...