Meesho shares traded nearly flat on Thursday despite the e-commerce company's loss narrowing to Rs 132 crore in the September quarter, as brokerages remained mixed on the stock.
The shares were trading at Rs 228.24 per share on the NSE, up 0.18 percent, at around 10.35 am.
The company reported a consolidated loss of Rs 132.4 crore in the second quarter ended September, compared with Rs 411.3 crore in the year-ago period.
Consolidated revenue from operations grew around 34 percent to Rs 4,131.5 crore in the reported quarter from Rs 3,073.6 crore in the corresponding period of the preceding fiscal, the company said in an exchange filing.
Brokerages had mixed views on the stock following the quarterly results.