Meesho shares gain 5% as festive sale orders surge; what Axis Securities says
Meesho secured new business.
· Business Today Mkts
Meesho said festive demand extended beyond apparel to beauty, home decoration and puja-related products. Orders for torans and wall hangings increased eightfold, while demand for ear-lobe support patches for heavy earrings rose nearly sevenfold.
The analysis
Meesho reported movement of 5%. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is -0.8% on the day at ₹223.01, and has returned +22.4% over three months. It sits 7% below its 52-week high. The consumer & retail sector has moved -9.5% over the same period, so Meesho is running 31.9 points ahead of its peers.
For Meesho, the question is how much of this is already reflected in the price and how much re-rates the consumer & retail peer set alongside it.
Market context
- In focus: Meesho (MEESHO), in Consumer & Retail.
- Over three months: Meesho +22.4% against Consumer & Retail -9.5% (31.9 points ahead).
- Meesho: 52-week and period figures are measured since it listed on 10 Dec 2025.
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| MeeshoMEESHO · Consumer & Retail · Listed 10 Dec 2025 | ₹223.01 | -0.8% | -2.1% | +22.4% | -7.3% | 0.4× | — |
Consumer & Retail
1M -4.9% · 3M -9.5%
Meesho
Prices as of 30 Oct 2026, 16:10 IST. Sector moves are the average of the stocks we track in each sector.
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