 Quick Answer Â
Meesho stock hit ₹209 in August 2026, its highest level in three months, after net losses narrowed from ₹1,391 crore in December 2025 to ₹132.84 crore in June 2026. JP Morgan has initiated coverage with an Overweight rating and a ₹215 target. The stock is 66% above its 52-week low but still 18% below its all-time high of ₹254.4.
The Price Action in Plain Numbers
Meesho listed in December 2025 at a premium and hit an all-time high of ₹254.4 on December 18. The rally did not last. By April 2026, the stock had nearly halved, touching a low of ₹125.56, as lock-in expiries, stretched valuations, and post-IPO gravity took over.
For several months after that, the stock drifted in a ₹185–₹197 band. At…
