Meesho Soars 13% Amidst Weak Market, Delivers 74% Return in 5 Days

• Meesho shares surged over 13% today, defying a volatile and weak Nifty.
• The e-commerce giant delivered a remarkable 74% return to IPO investors in just five trading days.
• Despite profit booking, Meesho closed 5.59% higher at ₹180.30 on BSE, after hitting a record ₹193.50 intraday.
• Founded in 2015, Meesho is a rapidly growing e-commerce platform, competing with giants like Amazon and Flipkart, and was India's largest by orders up to Sep 30.
• The company reported varying net losses across financial years, with a significant loss in FY2025, but showed strong total income growth and is debt-free.

Why It Matters: Meesho stock defies market weakness with a 13% surge, delivering 74% returns in five days.