Meesho share price rallied nearly 20 percent in trade after global brokerage UBS initiated coverage with a ‘Buy’ rating, triggering strong investor interest in the newly listed e-commerce major. The sharp rally has pushed Meesho’s market capitalisation close to ₹1 lakh crore, marking a stellar post-listing performance.
With the latest surge, Meesho shares are now up around 95 percent from their IPO price, underscoring strong confidence in the company’s long-term growth story. The stock has added nearly ₹25,000 crore in market value in just six trading sessions since its market debut.
UBS Bullish on Meesho’s Growth Prospects
UBS’s positive initiation reflects optimism around Meesho’s scalable business model, expanding merchant base, and deep penetration into India’s value-focused e-commerce segment. The brokerage expects the company to benefit from rising online adoption in tier-2 and tier-3 cities, improving unit economics, and sustained revenue growth.
Post-IPO Momentum Remains Strong
Meesho has emerged as one of the best-performing IPO stocks in recent months, attracting strong interest from both institutional and retail investors. Robust trading volumes and continued brokerage coverage are supporting the stock’s upward momentum.
Market Outlook
The sharp rally highlights growing appetite for new-age internet stocks with clear growth visibility. Market participants will now track execution, profitability metrics, and future guidance to assess the sustainability of Meesho’s valuation.
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