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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parvin 2022-08-15 18:12:16
buy, at good valuation, taget 475 to 500
Login & Reply Like(0) Dislike(0) Repost SpamDEBT_FREE 2022-08-15 17:57:11
buy, at good valuation, taget 475 to 500
Login & Reply Like(0) Dislike(0) Repost SpamRaj Misrhra89 2022-06-20 09:14:45
ENIL LTD, A Times Group company, with 71 percent promoter holding & almost 13 percent with FII, DII and private equity players. Stock is at attractive valuation with Book Value of 160 and CMP of 170. Company is debt free with 230 crore of cash with market cap of 800 crore. As one can see India consumption story is on high growth with advertising revenue on top with tourism fully booked and festive season coming up. Company has also transformed itself into digital company with high growth expectation and media right of IPL sold at such a high valuation. Company is about to launch app where one can listen to radio and its contents anywhere around the world. Enil can be a turnaround story with next 6-8 quarters with high revenue growth and pe expansion. At CMP stock has very limited downside with a target of 350-475-700. Buy with 2 years perspective for good returns.
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