Negative impactResults
Meesho shares fall 3% even as Q2 loss narrows to Rs 132 cr. Why Jefferies raised target price but Nomura remains cautious
Economic Times 1 hr ago·29 Oct 2026, 4:07 am
Meesho shares slipped by nearly 3% despite reporting a significant improvement in its financial performance. The company narrowed its net loss by 68% year-on-year to Rs 132 crore, while revenue grew by 34% to Rs 4,132 crore. This divergence between the stock price and the underlying business results has led to mixed reactions from brokerage houses.
Brokerages remain divided on the stock’s outlook. While Jefferies and Motilal Oswal have maintained a 'Buy' rating, Nomura has kept a 'Reduce' stance. The differing views hinge on factors such as the company's ability to sustain margins and the outlook for demand during the upcoming festive season.
For investors, the key takeaway is the contrast between the company's operational progress and market sentiment. The focus now shifts to Meesho's ability to navigate the competitive landscape and deliver consistent growth in the coming quarters. Keeping an eye on margin trends and festive season sales will be crucial for assessing the stock's future trajectory.
Affected stocks
Bearish1 stock
Bull / bear label is derived from the article's AI sentiment — indicative, not advice. Prices may be delayed.
Key takeaways
- Concerns Meesho (MEESHO).
- Category: Results.
- AI reads the tone as negative (potentially bearish) for the stock.
Why it matters
A routine update for Meesho. The tone is negative — watch for downside reaction. Use the price and stock snapshot to gauge how the market is responding.
