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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DEBT_FREE 2022-06-28 14:41:38
Company sales are growing CAGR of 40% and Net Profit margin of 18%. With this rate, Co can return a Net Profit of 26 Cr in FY23 and an EPS of 16 ( post Bonus equity) and PE of 17 on FY 23 earnings. Scope for share price increase.
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