Fidelity sells 1.3% of Meesho stake for nearly 1000 crore rupees
FY – FY 2026
Do Not Buy
Symbol
MEESHO
Company
Meesho Ltd
Category
Stake Sale
Source
Stock Exchange Filing
Shares Sold
5.98 Crore
Transaction Value
988 Crore
Revenue Growth
47% YoY
Net Loss
166 Crore
News Summary
American investor Fidelity sold about 1.3% of its shares in Meesho on Wednesday.
The deal involved selling nearly 6 crore shares for a total value of 988 crore rupees.
This move happens as global analysts debate whether Meesho can grow fast enough to justify its high price.
Why This Matters
This sale shows that big investors are taking profits after the stock price rose significantly since listing.
High valuations mean the stock is expensive, so selling is a common way to lock in gains.
Investors should watch if the company can start making profits soon to support its current high price.
Fundamental Backdrop (FY – FY 2026)
Metric
Value
Shares Sold
Transaction Value
Share Price Range
Previous Net Loss
Analyst's View
Jefferies rates the stock as a Buy because they see strong growth in orders and logistics.
Macquarie rates it as an Underperform because they worry about low profit margins on orders.
Brokers say the current high price needs the company to prove it can become profitable soon.
Do Not Buy
Avoid
The stock is priced very high and the company is still losing money, which makes it risky for new buyers.
Key Considerations
You should wait for the company to report consistent profits before buying the stock.
Watch for more big investors selling shares, which could lower the stock price further.
Consider the high valuation multiple as a risk if growth slows down in the future.
HorizonMedium term
Confidence LevelMedium
⚠️
Disclaimer
This analysis is for informational purposes only and does not constitute financial advice.
Do your own research and consult a qualified financial professional before making any investment decisions.