By Debdeep Gupta | 03 Sep, 2026
Meesho block deal: 1.7% stake worth Rs 1,650 crore changes hands; SoftBank likely seller
A 1.7 percent stake in Meesho Ltd worth Rs 1,650.4 crore changed hands through a block deal on Thursday, with SoftBank likely to be the seller. As many as 8 crore shares of Meesho were sold at Rs 206.3 apiece, representing a 2.5 percent discount to the stock’s previous closing price of Rs 211.6.Earlier yesterday, reports said that Japanese investment major Softbank was looking to pare its holdin...
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SEMU 2022-08-05 13:02:40
Ridiculously undervalued stock. Company has 550 cr cash on hand. Extremely honest management. Company on verge of major business breakthrough. Can be 5x from here. 60% of loans transacted in Indian Market are managed on Nucleus platform.
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