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The Economic Times

Business

Veer Sharma

Meesho shares surge 5% as strong festive sales, Q2 biz update boost sentiment. Should you buy?

Meesho Nomura UBS Flipkart

Shares of Meesho rallied as much as 5% to hit the day’s high of Rs 244 on the BSE on Monday after the company said its Meesho Mega Blockbuster Sale 2026 opened to strong demand across India, with Day 1 orders rising 75% year-on-year (YoY).

“As India’s largest e-commerce platform by Placed Orders, Meesho saw orders peak at over 75,000 per minute within just 15 minutes of the sale going live, underscoring the scale at which festive demand came onto the platform,” the company said in a regulatory filing.

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