Meesho shares have risen about 50% in the past year, driven by strong sales growth and a recent ₹1,885 crore block deal that put the stock in focus. On November 13, 2026, Meesho shares traded 0.62% higher at ₹255.69 on the NSE following the block deal during the first trading session. This surge reflects the company’s expanding market presence and robust festive season demand.
- Meesho shares gained 50% over the last 12 months.
- ₹1,885 crore worth of shares changed hands in a block deal on November 13, 2026.
- SoftBank-owned SVF II planned to sell about 1% stake at a 3.1% discount.
- Meesho reported narrowing losses and 34% revenue growth in Q2 FY27.
- Strong festive sales and content commerce contributed to growth.
What caused Meesho’s recent stock rally?
Meesho’s stock rally is mainly due to strong business performance and investor interest. The company reported strong sales growth during the festive season, including Navratri and Diwali, which boosted demand across categories like fashion, home, beauty, kids’ products, and electronics. On October 10, 2026, Meesho announced that orders on the first day of its Mega Blockbuster Sale 2026 rose nearly 75% year-on-year, with over 75,000 orders per minute shortly after the sale began.
What was the significance of the ₹1,885 crore block deal?
On November 13, 2026, shares worth ₹1,885.17 crore were traded in a block deal on the NSE. Reports indicated that SoftBank-owned SVF II planned to sell roughly 1% of its stake in Meesho through this transaction. The floor price was set at ₹246.23 per share, about 3.1% below the previous day’s closing price. Shares bought in this deal will have a 30-day lock-in period before resale is allowed. The deal attracted attention as it involved a large volume of shares and indicated investor confidence.
How has Meesho’s financial performance evolved recently?
Meesho showed significant improvement in its financial results for the second quarter ending September 2026. The company narrowed its loss to ₹132.4 crore from ₹411.3 crore a year earlier. Consolidated revenue from operations increased by about 34% to ₹4,131.5 crore compared to the same quarter in the previous fiscal year. Net merchandise value (NMV) grew 23% year-on-year to ₹12,911 crore, and annual transacting users reached 28.4 crore. These figures demonstrate Meesho’s growing scale and improving profitability.
What role does content commerce play in Meesho’s growth?
Meesho’s Content Commerce ecosystem has been a key growth driver. Over the past 12 months, NMV generated through this ecosystem grew 152% year-on-year. The platform supports more than 160,000 active creators across India who help consumers discover products through short-form videos and recommendations rather than traditional searches. This shift in shopping behavior highlights the increasing importance of content-led product discovery in Meesho’s business model.
What did Meesho’s CEO say about the company’s outlook?
Vidit Aatrey, Meesho’s Chairman, Managing Director, and CEO, stated that the company’s strong second-quarter performance reflects the strength of its operating model. He noted that more consumers are shopping more frequently, with first-time buyers growing 16% quarter-on-quarter. The festive season further boosted NMV by 33% year-on-year. Aatrey also highlighted improvements in platform economics, with the contribution margin expanding to 6% of NMV due to logistics efficiencies and better monetization.
Note: This article is for informational purposes only and does not constitute investment advice. Readers should consult a financial advisor before making investment decisions.
