Meesho shares gain 2% as Fidelity Investments sells stake via block deal; all details here

Meesho shares jumped as much as 2.4% to an intraday high of ₹170.1 apiece on Thursday, June 11, after American financial services company Fidelity Investments sold stake.

According to NSE data, Fidelity Investments sold a 1.3% stake in the e-commerce platform for ₹988 crore through open market transactions.

Fidelity Investments, via its two affiliates, FID FDI 312 LLC and FID FDI 2117 LLC, divested 5,98,16,300 shares, or 1.31% stake, in the Bengaluru-headquartered firm, as per the bulk deal data available on the NSE.

The equity shares were sold in the price range of ₹165.18 to ₹165.21 apiece, taking the combined transaction value to ₹988.15 crore.

Following the stake sale, Meesho shares have been trading higher on Thursday. At 1:40 PM, the stock was trading at ₹168.36 per share on the National Stock Exchange, rising 1.39%.

Shares of the company have tanked 13% over a month, while from the beginning of the year, Meesho shares have tumbled 7%.

Shares of the company had touched their one-year high of ₹254.40 apiece on December 18, 2025, while their 52-week low of ₹125.56 was hit on March 16, 2026.

Meesho Q4 earnings

The firm reported a 47.1% YoY increase in revenue to ₹3,531 crore compared to ₹2,400 crore revenue in the same quarter last year. Revenue remained flat on a sequential basis.

The company managed to narrow down its losses sharply by 88% to ₹166 crore in Q4FY26. Meesho reported a net loss of ₹1,391 crore in Q4 FY25. Net loss was also lower compared to the ₹491 crore loss reported in the previous quarter.

For the full year ended 31 March 2026, Meesho’s revenue rose 34.4% to ₹12,626 crore from ₹9,390 crore a year earlier. Meanwhile, its full-year loss stood at ₹1,358 crore compared to ₹3,942 crore in FY25, down by 65.5% YoY.

The company managed to narrow down its losses, supported by continuous improvement in its key business metric, like net merchandise value (NMV) and an increase in the number of orders.

In Q4 FY26, Meesho reported a net merchandise value (NMV) of ₹11,371 crore, up 43% YoY, with 717 million orders (+43% YoY), driven by continued new user onboarding and deeper engagement from existing cohorts. NMV for the year stood at ₹41,560 crores, up 39% YoY.

Listed on December 10, 2025, Meesho has a total market capitalisation of ₹77,412.41 crore as of June 11, 2026, according to data on the NSE.