Meesho gains after Rs 1,949 crore block deal

Meesho Ltd shares rose on Tuesday after 10.48 crore shares, or 2.27% of equity, changed hands in a Rs 1,949 crore block deal at Rs 186 apiece. Early investors Peak XV Partners and Elevation Capital were likely sellers, following reports they planned to pare stakes. The stock traded 1.6% higher at Rs 194.63, with a market cap of Rs 87,548 crore, after listing in December 2025.