Tuesday, 04 August 2026 · World
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EUROS The World Financial Report
Nº 24 Tuesday, 04 August 2026 · World Edition
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Block deal alert: Meesho shares in focus as Peak XV, Elevation Capital eye Rs 1,900 crore stake sale

Markets-Economic Times · 1h ago · 🇮🇳 India
Block deal alert: Meesho shares in focus as Peak XV, Elevation Capital eye Rs 1,900 crore stake sale

Peak XV and Elevation Capital plan to sell a 2.3 per cent stake in Meesho via Rs 1,900 crore block deals. This follows Meesho narrowing its Q1 net loss to Rs 133 crore, while brokerages like Citi and Morgan Stanley remain divided on near-term growth dynamics.

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