📰 ET Stocks 🟢 BULLISH 🕒 12 Oct 2026, 10:08 AM IST

Meesho shares surge 5% as strong festive sales, Q2 biz update boost sentiment. Should you buy?

⚡ Instant Key Takeaways (TL;DR)

🎯

Core Development: Meesho shares surge 5% as strong festive sales, Q2 biz update boost sentiment. Should you buy?

📊

Market & Financial Impact: Meesho shares rallied as much as 5% after the company reported a 75% year-on-year jump in Day 1 orders during its Mega Blockbuster Sale 2026. Orders on Meesho Mall surged over 200%, while creator-led commerce grew 3.7 times. Meanwhile, Nomura initiated coverage with a Reduce rating, citing rising competition, while UBS raised its target price by 24% to Rs 260.

💡

Actionable Insight: 🟢 Bullish Trigger: Positive business expansion or earnings beat may attract institutional and retail buying.

Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

Brinjal, buffalo, bacteria: Inside India’s pay-for-nature system

Homebuyers wait as NCLT panel picks holes in unfinished Jaypee projects

The NBFC saga - Part 3: How one default in 2018 changed the way RBI reads risk

📰

Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.

Read Original Full Coverage on Economic Times ↗

Meesho shares surge 5% as strong festive sales, Q2 biz update boost sentiment. Should you buy?

🔥 More Live Market Stories

[AYE] Analysts/Institutional Investor Meet/Con. Call Updates - Aye Finance Limited

Nomura sees cement price hikes of Rs 12-15/bag needed to offset fuel costs; UltraTech remains top pick

Raw-material costs offset operating leverage: HSBC on auto

[RAYMOND] Press Release - Raymond Limited

[ARVIND] Credit Rating- Revision - Arvind Limited

[TRF] Certificate under SEBI (Depositories and Participants) Regulations, 2018 - TRF Limited