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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Chat_With_Sonam 2022-07-23 12:11:53
Company posted quarterly loss. they will again post losses in 2nd quarter. 3rd Q will be the game changer. Company has significant plans and the expansion is going under way. start of the 3rd Q, will get orders in various products. revenue will grow many folds from here. 70 percent chances the stock will become Multi bagger. nothing much to loss bt very huge to earn. If some strategic investor has bought it at 20 then surely something big n positive with the company. think twice
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