Economy · India
Meesho Shares Worth ₹900 Cr Trade in Block Deal
Shares of Meesho valued at ₹900 crore were traded in a large block deal. The transaction involved shares from a SoftBank arm. Following the deal, Meesho shares saw a decline. Separately, Welspun Living and Texmaco Infra shares experienced a jump of up to 6%. Business Today reported that 2,44,71,102 shares of Welspun Living changed hands at ₹214.90 each, totaling ₹525.88 crore on the NSE, with the stock surging 5.18% to a high of ₹233.
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- Centre (2): Business Standard, Business Today