# Meesho (MEESHO) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/meesho

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹233.55
- Change: +0.01%
- As of: 2026-11-06
- 1D return: +0.01%
- 5D return: +4.73%
- 1M return: +0.59%
- Latest complete quarter: fy27_q2

## Faxioms Analysis

_As of 2026-11-06_

### Technical Outlook

As of 2026-11-06, MEESHO trades at ₹233.55, holding a position in the upper-middle to near-upper end of its recent ranges (+68% of the 20-day range, +84% of the 252-day range). The stock maintains a bullish structural bias across daily, weekly, and monthly timeframes, with price trading above all key moving averages (20, 50, 200 SMA; 20, 50 EMA) and the Supertrend indicator. However, trend conviction is mixed: while the weekly ADX stands at 37.8 indicating an established trend, the daily ADX is weak at 19.18, suggesting limited immediate momentum despite the positive directional movement (DI+ 27.19 vs DI- 15.49). Volatility remains elevated, with annualized volatility at +55.1% and an ATR of 4.03%. Recent price action shows resilience, with a +25.4% return over the last three months offsetting a slight -2.0% monthly pullback. Key resistance lies at ₹238.48 (2.11% above), while immediate support is found at the pivot level of ₹232.55 (0.43% below).

- Trend Structure: Bullish across daily, weekly, and monthly horizons, but daily momentum is weak (ADX 19.18) compared to the established weekly trend (ADX 37.8).
- Price Positioning: Trading near multi-month highs (+83.8% of 252-day range); next resistance at ₹238.48, with immediate support at ₹232.55.
- Volatility & Risk: High volatility environment (annualized vol +55.1%, ATR 4.03%); current drawdown is modest at -3.0% from recent highs.
- Monitoring Condition: A daily close above ₹238.48 would confirm renewed strength, while a break below ₹232.55 could signal a shift toward consolidation.

- Bullish Engulfing Reversal
- Outside Bar
- Doji

### News Context

In the seven-day window ending November 6, 2026, Meesho was highlighted by Ventura, a venture capital firm, as one of its Diwali stock picks for Samvat 2083. This selection, reported on November 4, cites upside potential of up to 83.7% in some names, driven by factors including aggressive expansion, improved balance sheets, structural e-commerce growth, and technology-led platform advantages. This analyst view coincides with broader market trends where domestic institutional investors (DIIs) overtook foreign institutional investors (FIIs) in Nifty 50 ownership, reaching a 16-quarter high of 25.8% stake as of November 5, according to Elara Securities data. While this macro shift indicates increased domestic confidence in sectors like banking, auto, and IT, it does not directly confirm specific capital flows into Meesho.

- {'date': '2026-11-04', 'event': 'Ventura identifies Meesho as a Diwali stock pick', 'significance': 'Cites upside potential of up to 83.7%, attributing selection to aggressive expansion, improved balance sheets, and tech-led platform advantages.'}
- {'date': '2026-11-05', 'event': 'DIIs overtake FIIs in Nifty 50 ownership', 'significance': 'Domestic stake hits 16-quarter high of 25.8%; FII holdings fall to 16-quarter low of 22.1% (Elara Securities). Broad market context, not company-specific flow data.'}

- [DIIs overtake FIIs in Nifty 50 ownership as domestic share hits 16-quarter high](https://www.cnbctv18.com/market/diis-overtake-fiis-nifty-50-holdings-domestic-investors-alpha-article-20027843.htm)
- [Diwali stock picks, Samvat 2083: Park Medi, HDFC, Paytm, Meesho, Ather among Ventura picks- Which offers highest upside?](https://www.livemint.com/market/stock-market-news/diwali-stock-picks-samvat-2083-park-medi-hdfc-paytm-meesho-ather-among-ventura-picks-which-offers-highest-upside-11793775881503.html)

### Official Filings

Meesho Limited has executed significant capital and governance updates in early November 2026. On November 2, the company completed an additional investment of ₹399.99 crore in its wholly-owned subsidiary, Meesho Payments Private Limited (MPPL), by subscribing to 1.14 crore equity shares at a premium of ₹349 per share. MPPL reported a net loss of ₹24.65 crore for the period ending March 31, 2026. Concurrently, on November 1, Meesho allotted 21.43 lakh shares to employees upon exercise of vested ESOP options, increasing paid-up capital from ₹4,628.87 crore to ₹4,631.01 crore. The company also granted 2,901 new stock options under the ESOP 2024 Plan, exercisable at Re. 1 per option. In late October, the Board appointed Mr. Sudhir Ganesh Sitapati as an Additional Non-Executive Independent Director with a 60-month term, effective October 28.

- Completed ₹399.99 crore capital infusion into Meesho Payments Private Limited (MPPL) via rights issue on November 2, 2026; MPPL posted a net loss of ₹24.65 crore for FY2026.
- Paid-up share capital increased to ₹4,631.01 crore following allotment of 21.43 lakh shares to employees on November 1, 2026.
- Board appointed Mr. Sudhir Ganesh Sitapati as Non-Executive Independent Director effective October 28, 2026, for a 60-month tenure.

- [Meesho Limited has informed the Exchange under Regulation 30 of SEBI (LODR) Regulations, 2015 - Updates on Acquisition. |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/MEESHO_03112026072231_MLIntimtionRightissueallotment03Nov2026.pdf)
- [Meesho Limited has informed the Exchange regarding Acquisition (including agreement to acquire) |SUBJECT: Acquisition (including agreement to acquire)-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_26469_WebXMLFile_20261103_072559856.xml)
- [Meesho Limited has informed the Exchange about Transcripts - earnings or quarterly calls |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_26469_WebXMLFile_20261103_073259467.xml)
- [Meesho Limited has informed the Exchange regarding Grant of 2901 Options.under Meesho Limited - Employee Stock Option Plan 2024 |SUBJECT: ESOP/ESOS/ESPS](https://nsearchives.nseindia.com/corporate/MEESHO_01112026171414_MLIntimationGrantofESOP01NOv2026.pdf)
- [Meesho Limited has informed the Exchange regarding Allotment of 2143590 Shares pursuant to exercise of ESOP. |SUBJECT: ESOP/ESOS/ESPS](https://nsearchives.nseindia.com/corporate/MEESHO_01112026171205_MLIntimationAllotmentofESOPs01Nov2026.pdf)
- [MEESHO LIMITED (Formerly known as “Meesho Private Limited” and “Fashnear Technologies Private Limited”) has informed the Exchange regarding Allotment of Securities |SUBJECT: Alteration Of Capital and Fund Raising-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_26469_WebXMLFile_20261101_171801645.xml)
- [MEESHO LIMITED (Formerly known as “Meesho Private Limited” and “Fashnear Technologies Private Limited”) has informed the Exchange about Options to purchase securities ESOPS (Sub-para 10-Para B) |SUBJECT: Options to purchase securities ESOPS (Sub-para 10-Para B)](https://nsearchives.nseindia.com/corporate/xbrl/REG30_PARA_B_26469_WebXMLFile_20261101_171754115.xml)
- [Meesho Limited (Formerly known as “Meesho Private Limited” and “Fashnear Technologies Private Limited”) has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA](https://nsearchives.nseindia.com/corporate/xbrl/CIM_26469_WebXMLFile_20261029_170416389.xml)
- [MEESHO LIMITED (Formerly known as “Meesho Private Limited” and “Fashnear Technologies Private Limited”) has informed the Exchange regarding Acquisition (including agreement to acquire) |SUBJECT: Acquisition (including agreement to acquire)-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_26469_WebXMLFile_20261029_170340077.xml)
- [Meesho Limited has informed the Exchange about Audio Recording/Video Recording |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_26469_WebXMLFile_20261029_172728200.xml)

### Fundamentals

Meesho (NSE) reported a significant improvement in its financial trajectory for the quarter ended September 2026, driven by robust top-line growth despite persistent profitability challenges. Sales surged to ₹4,132 crore, reflecting a 34% year-on-year increase and contributing to a TTM sales figure of ₹14,893 crore. However, the company remains unprofitable, with an operating profit of -₹229 crore and a net loss of -₹132 crore for the quarter. While these losses narrowed compared to the -₹411 crore net loss in September 2025, the TTM net loss stands at -₹922 crore, indicating that scale has not yet translated into bottom-line stability.

Earnings quality shows mixed signals. Cash from Operating Activities turned negative at -₹3,875 crore for the fiscal year ended March 2026, contrasting sharply with the positive cash conversion ratio of 74% relative to EBITDA. This divergence suggests working capital dynamics or one-off items impacted cash flow significantly in FY26. On the balance sheet, equity capital expanded substantially from ₹0.27 crore in March 2025 to ₹463 crore in September 2026, likely due to recent listing activities, while borrowings decreased from ₹63 crore to ₹49 crore. Institutional interest has shifted, with DIIs increasing their stake to 13.6% and FIIs to 9.84% as of September 2026, up from earlier quarters.

The key checkpoint is whether the narrowing quarterly losses can be sustained as sales continue to grow, particularly given the negative operating cash flow trend observed in the annual report.

- Sales grew 34% YoY to ₹4,132 crore in Q2 FY27, supporting a TTM revenue of ₹14,893 crore.
- Net loss narrowed to -₹132 crore (Q2 FY27) from -₹411 crore (Q2 FY26), but TTM net loss remains at -₹922 crore.
- Operating profit was -₹229 crore in Q2 FY26; ROCE deteriorated to -40% in Mar 2026 from -9% in Mar 2025.
- Cash from Operating Activities was -₹3,875 crore for FY26, contrasting with a 74% CFO/EBITDA ratio.

### Bull Case

Meesho (NSE) presents a conditional upside case anchored in strong technical momentum and institutional validation, despite recent short-term volatility. As of November 6, 2026, the stock trades at ₹233.55 with a market capitalization of approximately ₹10.8 lakh crore. The technical structure is notably bullish across multiple timeframes: both daily and monthly SuperTrend indicators are signaling upward trends. On the weekly chart, the ADX stands at 37.8, indicating robust trend strength, while the Plus DI (26.76) significantly outweighs the Minus DI (11.08), suggesting sustained buying pressure over the medium term.

Fundamentally, Meesho has been identified by Ventura as one of its Diwali stock picks for Samvat 2083, citing 'aggressive expansion' and 'technology-led platform advantages' as drivers for potential upside. This selection aligns with a broader structural shift in Indian markets where Domestic Institutional Investors (DIIs) have overtaken Foreign Institutional Investors (FIIs) in Nifty 50 ownership, reaching a 16-quarter high of 25.8%. This domestic liquidity preference may support valuations for homegrown e-commerce leaders like Meesho. However, investors should monitor the stock's high annualized volatility of +55.1% and a maximum drawdown of -42.8%, which indicate significant price swings. The immediate resistance level sits near ₹238.48, just 2.11% above the current price.

- Multi-timeframe technical strength: Daily and monthly SuperTrend indicators are bullish; weekly ADX of 37.8 confirms strong trend momentum with Plus DI (26.76) well above Minus DI (11.08).
- Institutional endorsement: Venture Capital firm Ventura selected Meesho as a key Diwali pick for Samvat 2083, highlighting aggressive expansion and technology-led advantages.
- Domestic liquidity tailwind: DIIs hold a 16-quarter high stake of 25.8% in the Nifty 50, potentially favoring domestic-listed growth stocks amid reduced foreign reliance.
- Volatility risk: The stock exhibits high annualized volatility (+55.1%) and a historical maximum drawdown of -42.8%, requiring careful position sizing.

- [DIIs overtake FIIs in Nifty 50 ownership as domestic share hits 16-quarter high](https://www.cnbctv18.com/market/diis-overtake-fiis-nifty-50-holdings-domestic-investors-alpha-article-20027843.htm)
- [Diwali stock picks, Samvat 2083: Park Medi, HDFC, Paytm, Meesho, Ather among Ventura picks- Which offers highest upside?](https://www.livemint.com/market/stock-market-news/diwali-stock-picks-samvat-2083-park-medi-hdfc-paytm-meesho-ather-among-ventura-picks-which-offers-highest-upside-11793775881503.html)
- [Meesho Limited has informed the Exchange under Regulation 30 of SEBI (LODR) Regulations, 2015 - Updates on Acquisition. |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/MEESHO_03112026072231_MLIntimtionRightissueallotment03Nov2026.pdf)
- [Meesho Limited has informed the Exchange regarding Acquisition (including agreement to acquire) |SUBJECT: Acquisition (including agreement to acquire)-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_26469_WebXMLFile_20261103_072559856.xml)
- [Meesho Limited has informed the Exchange about Transcripts - earnings or quarterly calls |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_26469_WebXMLFile_20261103_073259467.xml)
- [Meesho Limited has informed the Exchange regarding Grant of 2901 Options.under Meesho Limited - Employee Stock Option Plan 2024 |SUBJECT: ESOP/ESOS/ESPS](https://nsearchives.nseindia.com/corporate/MEESHO_01112026171414_MLIntimationGrantofESOP01NOv2026.pdf)
- [Meesho Limited has informed the Exchange regarding Allotment of 2143590 Shares pursuant to exercise of ESOP. |SUBJECT: ESOP/ESOS/ESPS](https://nsearchives.nseindia.com/corporate/MEESHO_01112026171205_MLIntimationAllotmentofESOPs01Nov2026.pdf)
- [MEESHO LIMITED (Formerly known as “Meesho Private Limited” and “Fashnear Technologies Private Limited”) has informed the Exchange regarding Allotment of Securities |SUBJECT: Alteration Of Capital and Fund Raising-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_26469_WebXMLFile_20261101_171801645.xml)
- [MEESHO LIMITED (Formerly known as “Meesho Private Limited” and “Fashnear Technologies Private Limited”) has informed the Exchange about Options to purchase securities ESOPS (Sub-para 10-Para B) |SUBJECT: Options to purchase securities ESOPS (Sub-para 10-Para B)](https://nsearchives.nseindia.com/corporate/xbrl/REG30_PARA_B_26469_WebXMLFile_20261101_171754115.xml)
- [Meesho Limited (Formerly known as “Meesho Private Limited” and “Fashnear Technologies Private Limited”) has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA](https://nsearchives.nseindia.com/corporate/xbrl/CIM_26469_WebXMLFile_20261029_170416389.xml)

### FAQs

**What recent capital activity has Meesho undertaken for its payments subsidiary?**

On November 2, 2026, Meesho completed an additional investment in Meesho Payments Private Limited (MPPL) by subscribing to 1.14 crore equity shares at a premium of ₹349 per share. The total cash consideration was ₹3,999.99 crore. MPPL reported a turnover of ₹1,104.65 lakhs and a net loss of ₹2,465.22 lakhs for the period ending March 31, 2026.

**How has Meesho’s employee stock option plan impacted its share capital recently?**

Between November 1 and November 3, 2026, Meesho allotted 21.44 lakh shares following the exercise of vested options and granted 2,901 new stock options convertible into 1.42 lakh shares. Consequently, the issued share capital increased from ₹4,628.87 crore to ₹4,631.01 crore, with each share having a face value of Re. 1.

**What is the current technical price structure for Meesho on the NSE?**

As of November 6, 2026, Meesho closed at ₹233.55 with a market capitalization of approximately ₹10.80 lakh crore. Technical indicators show a bullish Supertrend direction on both daily and monthly timeframes. Immediate resistance is noted at ₹238.48 (2.11% above), while support sits near ₹232.55 (0.43% below).

**How has Meesho performed over different time horizons relative to its volatility?**

Meesho has delivered a Year-to-Date return of +28.6% and a 3-month return of +25.4%, though it experienced a -2.0% decline over the last month. The stock exhibits high annualized volatility of +55.1% and has faced a maximum drawdown of -42.8% historically, with a current drawdown of -3.0% as of November 6, 2026.

- [DIIs overtake FIIs in Nifty 50 ownership as domestic share hits 16-quarter high](https://www.cnbctv18.com/market/diis-overtake-fiis-nifty-50-holdings-domestic-investors-alpha-article-20027843.htm)
- [Diwali stock picks, Samvat 2083: Park Medi, HDFC, Paytm, Meesho, Ather among Ventura picks- Which offers highest upside?](https://www.livemint.com/market/stock-market-news/diwali-stock-picks-samvat-2083-park-medi-hdfc-paytm-meesho-ather-among-ventura-picks-which-offers-highest-upside-11793775881503.html)
- [Meesho Limited has informed the Exchange under Regulation 30 of SEBI (LODR) Regulations, 2015 - Updates on Acquisition. |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/MEESHO_03112026072231_MLIntimtionRightissueallotment03Nov2026.pdf)
- [Meesho Limited has informed the Exchange regarding Acquisition (including agreement to acquire) |SUBJECT: Acquisition (including agreement to acquire)-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_26469_WebXMLFile_20261103_072559856.xml)
- [Meesho Limited has informed the Exchange about Transcripts - earnings or quarterly calls |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_26469_WebXMLFile_20261103_073259467.xml)
- [Meesho Limited has informed the Exchange regarding Grant of 2901 Options.under Meesho Limited - Employee Stock Option Plan 2024 |SUBJECT: ESOP/ESOS/ESPS](https://nsearchives.nseindia.com/corporate/MEESHO_01112026171414_MLIntimationGrantofESOP01NOv2026.pdf)
- [Meesho Limited has informed the Exchange regarding Allotment of 2143590 Shares pursuant to exercise of ESOP. |SUBJECT: ESOP/ESOS/ESPS](https://nsearchives.nseindia.com/corporate/MEESHO_01112026171205_MLIntimationAllotmentofESOPs01Nov2026.pdf)
- [MEESHO LIMITED (Formerly known as “Meesho Private Limited” and “Fashnear Technologies Private Limited”) has informed the Exchange regarding Allotment of Securities |SUBJECT: Alteration Of Capital and Fund Raising-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_26469_WebXMLFile_20261101_171801645.xml)
- [MEESHO LIMITED (Formerly known as “Meesho Private Limited” and “Fashnear Technologies Private Limited”) has informed the Exchange about Options to purchase securities ESOPS (Sub-para 10-Para B) |SUBJECT: Options to purchase securities ESOPS (Sub-para 10-Para B)](https://nsearchives.nseindia.com/corporate/xbrl/REG30_PARA_B_26469_WebXMLFile_20261101_171754115.xml)
- [Meesho Limited (Formerly known as “Meesho Private Limited” and “Fashnear Technologies Private Limited”) has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA](https://nsearchives.nseindia.com/corporate/xbrl/CIM_26469_WebXMLFile_20261029_170416389.xml)
## Technical analytics

- As of: 2026-11-06
- Daily trend: Weak Uptrend
- Weekly trend: Weak Uptrend
- Pivot point: ₹232.55
- Risk regime: Price Risk Requires Attention

### Support levels
- 216.03
- 207.475
- 183.6

### Resistance levels
- 244.935
- 254.4
- 238.4833333333333

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +0.01% |
| return_10 | +8.68% |
| return_1m | -1.96% |
| return_20 | +0.59% |
| return_3m | +25.45% |
| return_5 | +4.73% |
| return_6m | +18.99% |
| return_since_start | +37.31% |
| return_ytd | +28.62% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | elevated_risk |
| label | Price risk requires attention |
| summary | Recent drawdown or price variability is high enough to warrant closer monitoring. |
| maximum_drawdown | -42.79% |
| annualized_volatility | +55.09% |

## Quarterly financials

- Latest complete quarter: fy27_q2

# Meesho Limited Q2 FY2026-27: Revenue rises 11% sequentially

Meesho’s consolidated revenue from operations rose 11.3% quarter on quarter to ₹4,131.58 crore in Q2 FY2026-27. Expenses increased 10.7% to ₹4,382.27 crore, while the net loss narrowed marginally to ₹132.45 crore from ₹132.84 crore in Q1. At 30 September 2026, cash and cash equivalents were ₹128.78 crore, compared with ₹620.37 crore at 31 March 2026.

## Revenue and expenses both increase

Revenue from operations rose from ₹3,712.81 crore in Q1 FY2026-27 to ₹4,131.58 crore in Q2. The sequential increase extends the progression from ₹3,517.60 crore in Q3 FY2025-26 and ₹3,531.21 crore in Q4 FY2025-26.

Total income increased 11.3% quarter on quarter to ₹4,259 crore, including ₹127.42 crore of other income. Total expenses rose 10.7% to ₹4,382.27 crore. Other expenses, the largest reported expense category, increased 10.4% to ₹4,079.86 crore. Employee benefit expense was ₹280.88 crore and depreciation, depletion and amortisation expense was ₹20.15 crore.

## Net loss narrows slightly

The pre-tax loss narrowed to ₹123.27 crore in Q2 from ₹132.84 crore in Q1. A tax expense of ₹9.18 crore brought the net loss to ₹132.45 crore, marginally lower than the prior quarter’s ₹132.84 crore. Basic and diluted loss per share were both ₹0.28, unchanged from Q1.

Finance costs declined to ₹1.38 crore from ₹2.13 crore in Q1.

## Liquidity and balance sheet

At 30 September 2026, cash and cash equivalents stood at ₹128.78 crore, compared with ₹620.37 crore at 31 March 2026. Current investments increased over the same dates to ₹2,407.56 crore from ₹951.78 crore, while bank balances other than cash and cash equivalents fell to ₹459.16 crore from ₹1,272.76 crore.

Total assets were ₹8,001.68 crore at 30 September 2026. Equity attributable to owners was ₹4,205.97 crore, down from ₹4,386.37 crore at 31 March 2026, while total liabilities increased to ₹3,795.71 crore from ₹3,520.37 crore.

Current trade payables rose to ₹1,918.27 crore from ₹1,569.73 crore. Within that balance, outstanding dues to micro and small enterprises were ₹74.67 crore, down from ₹118.08 crore at 31 March 2026.

## Key Takeaway

Q2 brought another sequential increase in revenue, with expenses growing at a somewhat slower rate and the net loss narrowing only marginally. The lower cash and bank balances, alongside higher current investments, mark notable changes in the balance-sheet mix; rising trade payables and total liabilities also add context to the quarter-end position.

### Ratios

## Shareholding pattern

- Quarter: FY2027-Q2
- As of: 2026-09-30
- Promoter holding: +16.34%
- FII holding: +9.84%
- DII holding: +13.60%
- Mutual fund holding: +11.68%
- Retail holding: +1.84%
- Promoter pledged: +0.00%

### Major reported shareholders

- NASPERS VENTURES BV — +11.22%
- ELEVATION CAPITAL V LIMITED — +10.86%
- Vidit Aatrey — +9.86%
- PEAK XV PARTNERS INVESTMENTS V — +8.89%
- SVF II MEERKAT (DE) LLC — +6.84%
- Sanjeev Kumar — +6.47%
- WESTBRIDGE CROSSOVER FUND, LLC — +3.61%
- SBI NIFTY MIDCAP 150 ETF — +2.31%
- INVESCO INDIA FOCUSED FUND — +1.97%
- ADITYA BIRLA SUN LIFE MUTUAL FUND - ADITYA BIRLA S — +1.91%

## Official filings

- 2026-11-07 — Generic Announcement: Meesho Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/MEESHO_07112026172958_Newspaper_Cover_letter.pdf)
- 2026-11-07 — Generic Announcement: Meesho Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/MEESHO_07112026173212_MLBM_Intimation_under_reg_30_-_KC_acqusition__1_.pdf)
- 2026-11-06 — Generic Announcement: Meesho Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/MEESHO_06112026234101_Cover_letter_Postal_Ballot_Notice_06112026.pdf)
- 2026-11-03 — Generic Announcement: Meesho Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/MEESHO_03112026072231_MLIntimtionRightissueallotment03Nov2026.pdf)
- 2026-11-03 — Generic Announcement: Meesho Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_26469_WebXMLFile_20261103_072559856.xml)
- 2026-11-03 — Generic Announcement: Meesho Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_26469_WebXMLFile_20261103_073259467.xml)
- 2026-11-01 — Generic Announcement: Meesho Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/MEESHO_01112026171414_MLIntimationGrantofESOP01NOv2026.pdf)
- 2026-11-01 — Generic Announcement: Meesho Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/MEESHO_01112026171205_MLIntimationAllotmentofESOPs01Nov2026.pdf)
- 2026-11-01 — Generic Announcement: Meesho Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_26469_WebXMLFile_20261101_171801645.xml)
- 2026-11-01 — Generic Announcement: Meesho Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_PARA_B_26469_WebXMLFile_20261101_171754115.xml)
- 2026-10-29 — Generic Announcement: Meesho Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_26469_WebXMLFile_20261029_170416389.xml)
- 2026-10-29 — Generic Announcement: Meesho Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_26469_WebXMLFile_20261029_170340077.xml)
- 2026-10-29 — Generic Announcement: Meesho Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_26469_WebXMLFile_20261029_172728200.xml)
- 2026-10-29 — Generic Announcement: Meesho Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_26469_WebXMLFile_20261029_203751286.xml)
- 2026-10-29 — Generic Announcement: Meesho Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_26469_WebXMLFile_20261029_204241778.xml)
- 2026-10-29 — Generic Announcement: Meesho Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_26469_WebXMLFile_20261029_204031889.xml)
- 2026-10-29 — Generic Announcement: Meesho Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_26469_WebXMLFile_20261029_204800214.xml)
- 2026-10-29 — Generic Announcement: Meesho Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/MEESHO_29102026210642_MLnewspaperintimationUFR.pdf)
- 2026-10-28 — Generic Announcement: Meesho Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/MEESHO_28102026170508_Final_MLBMOutcome28102026_-_First_half.pdf)
- 2026-10-28 — Management Change: Meesho Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/MEESHO_28102026170916_Final_MLBMOutcome28102026_-_First_half.pdf)
- 2026-10-28 — Generic Announcement: Meesho Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/MEESHO_28102026170724_Final_MLBMOutcome28102026_-_First_half.pdf)
- 2026-10-28 — Press Release: Meesho Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/MEESHO_28102026172247_MLPress_release28102026.pdf)
- 2026-10-28 — Generic Announcement: Meesho Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/MEESHO_28102026171517_MLshareholdersletter28102026.pdf)
- 2026-10-28 — Generic Announcement: Meesho Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/MEESHO_28102026173133_MLKPI28102026.pdf)
- 2026-10-28 — Generic Announcement: Meesho Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/MEESHO_28102026183512_MLMonitoryagencyreport.pdf)

## News and market events

- 2026-11-07 — The Hindu: **Muted markets, active managers: How equity MFs recast their portfolios in this Samvat** — Indian actively-managed equity funds attracted net inflows of ₹5.2 lakh crore and increased assets under management from ₹31 lakh crore to ₹35.4 lakh crore during the period between Diwali 2025 and Diwali 2026, leading to significant portfolio reshuffling across sectors. — [Source](https://www.thehindubusinessline.com/portfolio/mutual-funds/muted-markets-active-managers-how-equity-mfs-recast-their-portfolios-in-this-samvat/article71677679.ece)
- 2026-11-07 — Mint: **Muhurat Trading 2026 Stocks to buy on Diwali Day Nov 8: From Eternal to MCX - Chandan Taparia of MOFSL shares 4 picks** — The Sensex and Nifty extended their winning streak to seven sessions, driven by foreign fund inflows, lower oil prices, strong corporate earnings, and rupee strength. For the Diwali Muhurat trading session on November 8, Chandan Taparia of Motilal Oswal Financial Services recommended buying Meesho, Eternal, MCX, and Adani Ports based on technical analysis indicating bullish momentum. — [Source](https://www.livemint.com/market/stock-market-news/muhurat-trading-2026-stocks-to-buy-on-diwali-day-nov-8-from-eternal-to-mcx-chandan-taparia-of-mofsl-shares-4-picks-11794023535359.html)
- 2026-11-05 — CNBC-TV18: **DIIs overtake FIIs in Nifty 50 ownership as domestic share hits 16-quarter high** — Domestic institutional investors have overtaken foreign institutional investors in Nifty 50 ownership, with their stake rising to a 16-quarter high of 25.8% while FII holdings fell to a 16-quarter low of 22.1%, according to Elara Securities data. This structural shift is evident across broader market indices and specific sectors, as domestic funds increased exposure in banking, auto, and IT stocks while reducing foreign reliance in mid-cap and small-cap segments. — [Source](https://www.cnbctv18.com/market/diis-overtake-fiis-nifty-50-holdings-domestic-investors-alpha-article-20027843.htm)
- 2026-11-04 — Mint: **Diwali stock picks, Samvat 2083: Park Medi, HDFC, Paytm, Meesho, Ather among Ventura picks- Which offers highest upside?** — Venture Capital firm Ventura has identified Park Medi World, HDFC Bank, Paytm, Meesho, LG Electronics India, and Ather Energy as its Diwali stock picks for Samvat 2083, citing upside potential of up to 83.7% in some names. The brokerage's recommendations are based on factors such as aggressive expansion, improved balance sheets, structural e-commerce growth, and technology-led platform advantages. These selections come amid recent market volatility, with the BSE Sensex and Nifty 50 trading in green following four consecutive days of gains. — [Source](https://www.livemint.com/market/stock-market-news/diwali-stock-picks-samvat-2083-park-medi-hdfc-paytm-meesho-ather-among-ventura-picks-which-offers-highest-upside-11793775881503.html)
- 2026-10-30 — MONEYCONTROL: **Meesho Q2 FY27: Growth momentum continues as operating losses narrow** — Meesho reported narrowing operating losses in its Q2 FY27 results, indicating continued growth momentum despite profitability challenges. — [Source](https://www.moneycontrol.com/news/business/moneycontrol-research/meesho-q2-fy27-growth-momentum-continues-as-operating-losses-narrow-14064103.html)
- 2026-10-30 — Economic Times: **Rising tech costs drive EMI sales; Shadowfax Q2 profit soars** — Logistics and payments firms Shadowfax, BlackBuck, and Pine Labs reported strong Q2 FY27 financial results, with Shadowfax's net profit jumping fivefold, BlackBuck's rising 42%, and Pine Labs' surging over six-fold. — [Source](https://economictimes.indiatimes.com/tech/newsletters/morning-dispatch/rising-tech-costs-drive-emi-sales-shadowfax-q2-profit-soars/articleshow/135338461.cms)
- 2026-10-29 — Economic Times: **Meesho: Meesho sees near-term margin pressure as it reinvests in growth - The Economic Times** — Meesho anticipates near-term margin pressure as it increases investments to drive growth during the festive season, despite reporting a rise in contribution margin to 6% of net merchandise value in the second quarter of FY27. — [Source](https://economictimes.indiatimes.com/tech/startups/meesho-sees-near-term-margin-pressure-as-it-reinvests-in-growth/articleshow/135306084.cms)
- 2026-10-29 — Mint: **MSCI Rejig: LIC, Meesho likely to enter India Standard Index; OFSS, Siemens Energy may be dropped** — Brokerage JM Financial expects the November 2026 MSCI India Standard Index review to add Life Insurance Corporation of India, Meesho, and Coforge while excluding Oracle Financial Services Software and Siemens Energy India. The estimated net passive inflows resulting from these changes are projected at approximately $1.4 billion. — [Source](https://www.livemint.com/market/stock-market-news/msci-rejig-lic-meesho-likely-to-enter-india-standard-index-ofss-siemens-energy-may-be-dropped-11793271137051.html)
- 2026-10-29 — Mint: **Meesho's margins shine, but risks keep investors wary** — Meesho narrowed its Q2 loss as operating leverage lifted margins, but elevated marketing costs, intensifying competition and pressure on value-conscious consumers could test its growth and profitability targets. — [Source](https://www.livemint.com/market/mark-to-market/meesho-q2-results-revenue-loss-margin-growth-11793254979816.html)
- 2026-10-29 — The Hindu: **Meesho shares slip 0.5% post-results; analysts split on valuation** — Following Meesho Limited's Q2 FY27 results, analyst opinions are divided; Motilal Oswal and Choice Institutional maintain Buy ratings with a ₹265 target, Elara Securities retains an Accumulate with a ₹270 target, and JM Financial issues a lone Sell call with a ₹185 target, arguing the stock trades at 60x FY29 adjusted EBITDA. — [Source](https://www.thehindubusinessline.com/markets/stock-markets/meesho-shares-slip-05-post-results-analysts-split-on-valuation/article71639458.ece)
- 2026-10-29 — Economic Times: **Meesho shares fall 3% even as Q2 loss narrows to Rs 132 cr. Why Jefferies raised target price but Nomura remains cautious** — Meesho shares fell nearly 3% after Q2 FY27 net loss narrowed 68% year-on-year to Rs 132 crore, while revenue rose 34% to Rs 4,132 crore. Brokerages remained divided, with Jefferies and Motilal Oswal maintaining Buy ratings and Nomura retaining Reduce, citing growth prospects, margins and festive-season demand. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/meesho-shares-fall-3-even-as-q2-loss-narrows-to-rs-132-cr-why-jefferies-raised-target-price-but-nomura-remains-cautious/articleshow/135289362.cms)
- 2026-10-29 — MONEYCONTROL: **Buy Meeshos; target of Rs 265: Choice Institutional Equities** — Buy Meeshos; target of Rs 265: Choice Institutional Equities Follow Us On: Stocks: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Others Trending Topics more Sensex Today Jio Platforms Share Price Jio IPO Listing Price Cyclone Arnab Live Gold Price Akash Ambani Karnataka MLC Polls Israel exit polls HUL Q2 Results Prashant Kishor News more Business Markets Stocks India News City News Economy Mutual Funds Personal Finance IPO News Startups Markets more Home Currencies Commodities Pre-Market IPO Global Market US Markets Bonds Silver MCX Price Gold MCX Price Personal Finance more Home Loans u — [Source](https://www.moneycontrol.com/news/business/stocks/buy-meeshos-target-of-rs-265-choice-institutional-equities-14063146.html)
- 2026-10-29 — Times of India: **Meesho’s 2nd qtr loss narrows 68% to 132cr** — BENGALURU: E-commerce company Meesho’s net loss narrowed 68% to Rs 132.4 crore in the Sept quarter from Rs 411.4 crore a year earlier, as revenue grew — [Source](https://timesofindia.indiatimes.com/business/india-business/meeshos-2nd-qtr-loss-narrows-68-to-132cr/articleshow/135286675.cms)
- 2026-10-29 — Mint: **Indian shares set for positive start after Fed holds rates steady; elevated oil weighs** — INDIA-STOCKS:Indian shares set for positive start after Fed holds rates steady; elevated oil weighs — [Source](https://www.livemint.com/market/stock-market-news/indian-shares-set-for-positive-start-after-fed-holds-rates-steady-elevated-oil-weighs-11793240729336.html)
- 2026-10-29 — Economic Times: **Meesho Q2 loss narrows; Info Edge names Sanjeev Bikhchandani CEO** — Happy Thursday! Meeshos losses shrunk as revenue grew in the second quarter of FY27. This and more in todays ETtech Morning Dispatch. — [Source](https://economictimes.indiatimes.com/tech/newsletters/morning-dispatch/meesho-q2-loss-narrows-info-edge-names-sanjeev-bikhchandani-ceo/articleshow/135286130.cms)
- 2026-10-29 — Mint: **Top stocks to watch today: Jio Platforms, IndiGo, Coal India, Meesho shares in focus on Thursday, 29 Oct | Full list** — Top stocks to watch today: Jio Platforms, Coal India, IndiGo, Trent, Meesho, Hero Motocorp among shares in focus on Thursday. — [Source](https://www.livemint.com/market/stock-market-news/top-stocks-to-watch-today-jio-platforms-indigo-coal-india-meesho-shares-in-focus-on-thursday-29-oct-full-list-11793236670600.html)
- 2026-10-29 — Economic Times: **Stocks in news: Jio Platforms, RIL, Hero MotoCorp, Meesho, TVS Motor, Vedanta Aluminium and Suzlon Energy** — Indian equities ended lower on Wednesday, primarily driven by selling in heavyweight stocks. Information technology and oil and gas shares experienced significant declines, falling more than 2%. The Nifty 50 index settled at 22,699, down 51 points, indicating ongoing resistance at 22,800. Several companies, including Jio Platforms and Hero MotoCorp, reported their quarterly earnings that impacted market sentiment. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/stocks-in-news-jio-platforms-ril-hero-motocorp-meesho-tvs-motor-vedanta-aluminium-and-suzlon-energy/articleshow/135273790.cms)
- 2026-10-28 — MONEYCONTROL: **Jio’s stellar stock market debut; Rural India’s spending squeeze; Meesho’s AI bill; and more | MC Tech3** — Jio’s stellar stock market debut; Rural India’s spending squeeze; Meesho’s AI bill; and more | MC Tech3 Jio’s stellar stock market debut; Rural India’s spending squeeze; Meesho’s AI bill; and more | MC Tech3 On this episode of Moneycontrol’s Tech3, we break down Jio Platforms’ blockbuster stock market debut and how it has joined the league of global tech giants such as Meta, Alibaba and SpaceX. — [Source](https://www.moneycontrol.com/news/podcast/jio-s-stellar-stock-market-debut-rural-india-s-spending-squeeze-meesho-s-ai-bill-and-more-mc-tech3-14062794.html)
- 2026-10-28 — Times of India: **Meesho’s Q2 loss narrows 68% as revenue grows 34%** — Meesho Q2 net loss narrows 68% to Rs 132.4 crore as revenue rises 34%; orders, NMV and users grow, margin improves, and cash balance hits Rs 7,048 crore. — [Source](https://timesofindia.indiatimes.com/business/india-business/meeshos-q2-loss-narrows-68-as-revenue-grows-34/articleshow/135269309.cms)
- 2026-10-28 — Economic Times: **Meesho loss narrows; Sanjeev Bikhchandani back as Info Edge CEO** — Meesho cut its losses in the July-September quarter, while growth continued. This and more in todays ETtech Top 5. — [Source](https://economictimes.indiatimes.com/tech/newsletters/tech-top-5/meesho-loss-narrows-sanjeev-bikhchandani-back-as-info-edge-ceo/articleshow/135267059.cms)
- 2026-10-28 — CNBC-TV18: **Stocks to Watch for October 29: Jio Platforms, JSW Energy, United Spirits, PNB Housing Fin and more** — From Meesho reporting a 23% year-on-year rise in net merchandise value (NMV) to TVS Holdings posting a 43.3% increase in net profit to ₹635 crore for the September quarter, here are the stocks to track ahead of Thursday’s trading session. — [Source](https://www.cnbctv18.com/photos/market/stocks-to-watch-for-october-29-jio-platforms-jsw-energy-united-spirits-pnb-housing-fin-and-more-20021684.htm)
- 2026-10-28 — Economic Times: **Meesho Q2 Results: Loss narrows to Rs 132 crore YoY, revenue rises 34%** — Meeshos 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, stronger merchandise value, improved contribution margins and festive-season demand supported growth amid elevated spending. — [Source](https://economictimes.indiatimes.com/markets/stocks/earnings/meesho-q2-results-loss-narrows-to-rs-132-crore-yoy-revenue-rises-34/articleshow/135265538.cms)
- 2026-10-28 — CNBC-TV18: **Meesho Q2 results: Net loss narrows 68% to ₹132 crore as orders rise 17%** — Meesho's net merchandise value rose 23% to ₹12,911 crore in the September quarter, while marketplace revenue grew 34% to ₹4,120 crore. The company also reported positive free cash flow of ₹345 crore. — [Source](https://www.cnbctv18.com/market/earnings/meesho-q2-results-net-loss-narrows-68-to-rs132-crore-as-orders-rise-17-20021616.htm)
- 2026-10-24 — Economic Times: **Lenskart, Meesho among top picks as value retail leads India's consumption story: Siddhartha Khemka** — Value-focused retail formats are growing, while premium categories experience challenges due to stock availability issues. Recent demand fluctuated with a dip noted in September and October, with expectations for improvement in mid-October. Beauty products significantly influence sales, contributing to the overall trends in the market. Rural incomes may pose risks to discretionary spending as festive season approaches. Companies with effective inventory management and store-level traction are be... — [Source](https://economictimes.indiatimes.com/markets/stocks/news/lenskart-meesho-among-top-picks-as-value-retail-leads-indias-consumption-story-siddhartha-khemka/articleshow/135164184.cms)
- 2026-10-23 — BUSINESS: **MSCI India rejig: JM Financial sees 3 inclusions, 2 exits & $1.4 bn inflows** — The MSCI Standard Index rebalancing, one of the most closely watched rebalancing events of the year globally, is scheduled for November 11, post-market hours. — [Source](https://www.business-standard.com/markets/news/msci-india-rejig-jm-financial-sees-3-inclusions-2-exits-1-4-bn-inflows-126102300586_1.html)

## Business profile

**Strategic vision:** Indian e-commerce platform connecting sellers with customers.

### Business segments
- **E-commerce Marketplace:** Meesho operates an online marketplace connecting sellers with customers across India, spanning categories like fashion, home, beauty, and electronics.

### Competitive strengths
- Enables individuals to operate businesses with low initial investment.

## Related stocks

- [Kalyan Jewellers India Limited (Retail)](https://faxioms.com/stocks/kalyankjil) — +5.49%
- [Lenskart Solutions Limited (Retail)](https://faxioms.com/stocks/lenskart) — +1.20%
- [FSN E-Commerce Ventures Limited (Retail)](https://faxioms.com/stocks/nykaa) — +0.77%
- [Trent Limited (Retail)](https://faxioms.com/stocks/trent) — +0.79%
- [Aditya Birla Fashion and Retail Limited (Retail)](https://faxioms.com/stocks/abfrl) — -6.34%

## Freshness and sources

- Data as of: 2026-11-06
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/meesho
Markdown representation: https://faxioms.com/stocks/meesho?render=md