Meesho Share Price Today: Stock Opens 1.46% Higher After Rs. 945 Crore Block Deal; Check Brokerage Target

Shares of Meesho opened 1.46% higher on the NSE this morning after the company participated in a block deal.

Meesho share at the time of writing was Rs. 207.29, about 1.46% higher than the previous close of Rs. 205.69. However, the stock fell 0.43% to 204.80 in the first few minutes of trading.

The stock has been in a bullish pattern over the last few months. It gained about 8.37% in the last five days, 35% in the last six months and 15% so far this year.

Meesho Block Deal Details

According to a report by CNBC-TV18, about 1% stake of Meesho, which is worth Rs. 945 crore were involved in the deal. Around 4.72 crore shares changed hands at Rs. 200.01 per share on Monday, August 24. While the names of buyers and the floor price are still not disclosed by the company.

As per publicly available data, as of June 2026, Meesho's overall shareholding distribution consists of retail and public investors holding the majority at 69.26%, promoters holding about 16.41% equity, domestic institutional investors (DIIs) at 9.14%, and foreign institutional investors (FIIs) holding 5.19%.

Meesho Q1FY27 Results

On 23rd July this year, Meesho reported a strong performance in the first quarter of FY27. The e-commerce marketplace reported a Revenue increase of 48.28% YoY to Rs. 3,712.80 crore.

However, the Profit After Tax or the net profit of the company, was at a loss of Rs.132.84 crore, but better than last quarter, which reported a loss of Rs. 289.36 crore in Q1 FY26, around a 54.09% reduction in net losses.

Should You Buy Meesho Shares?

Motilal Oswal, in its recent report, issued a BUY Call for the Meesho stock, predicting a 30% upside from the current levels.

In the report, the brokerage said, "We initiate coverage on Meesho with a BUY rating and a Target Price of Rs. 240. However, we believe a higher multiple could be justified for Meesho, given its truly asset-light model, negative working capital, and likely significant FCF generation starting FY27 and rising to 4%+ of NMV by FY31."

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