MEESHO is trading at ₹189.89, up 4.2% today, as the stock recovers from recent weakness tied to a planned stake sale by Elevation Capital.
- The stock previously fell over 3% following reports that Elevation Capital, which holds a 12.04% stake in the company, was preparing a ₹1,200 crore block deal.
- Shares are rebounding as the market prices in the potential supply and broader investor sentiment stabilizes.