Meesho Ltd. (NSE: MEES.NS) shares fell 3.6% to ₹164.16 on January 12, 2026, following recent volatility. The decline comes amid senior management exits and cautious analyst coverage. Despite its strong post-listing rally, the stock has corrected nearly 36% from highs, raising questions about long-term investor confidence.
Meesho Ltd., the e-commerce unicorn that debuted on the stock market in December 2025, continues to face turbulence. On Monday, shares dropped ₹6.20 (-3.6%), closing at ₹164.16, as investors reacted to recent leadership changes and cautious analyst outlooks.
Key Highlights:
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Stock Performance: Down 3.6% on NSE, marking the third consecutive session of decline.
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Management Exit: The resignation of Meesho’s General Manager for Business triggered concerns, with the stock hitting lower circuits last week.
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Analyst View: JM Financial initiated coverage with a ‘Reduce’ rating, citing limited upside after the sharp rally post-listing.
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Market Context: While Nifty 50 fell just 0.30%, Meesho’s sharper decline highlights company-specific pressures.
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Valuation Trend: After debuting at ₹161.20 and surging to ₹254.65, the stock has corrected nearly 36%.
Meesho’s trajectory underscores the challenges of sustaining investor confidence post-IPO. While its fundamentals in social commerce remain strong, leadership stability and execution will be key to regaining momentum.
Sources: NSE Finance Data, Angel One, Economic Times