• Stock rises to ₹185.11 in one session
  • Gains come despite continued losses in latest results
  • Momentum improves with RSI rising to 67.31

Overview

Meesho Ltd (NSE: MEESHO) is trading near ₹185.11, up 7.20% in one session, reflecting a continuation of its recent upward move. The stock has been recovering steadily from earlier lows, and the latest session shows a firm push higher, indicating improving near-term sentiment. The price structure suggests a rebound phase gaining traction after a prior corrective trend.

Fundamental View

For the quarter ended December 2025, the company reported total income of ₹3,59,641.40 lakh. Profit before tax stood at ₹-47,859.30 lakh, while net profit came in at ₹-49,067.50 lakh, with earnings per share at ₹-1.14. Two key fundamental insights stand out. First, the company continues to operate at a loss, indicating ongoing profitability challenges despite strong revenue scale. Second, the rise in stock price despite negative earnings suggests that market focus may be shifting toward growth expectations rather than current profitability. This indicates a disconnect between price action and underlying earnings performance in the near term.

Technical View

Technically, MEESHO is trading above its 50-day SMA near ₹156.03, indicating an improvement in the short-term structure. The price action shows a steady recovery followed by a higher high formation, suggesting continuation of the rebound trend. The 14-day RSI around 67.31 is trending higher and approaching elevated territory, reflecting strengthening momentum without yet entering extreme levels. Overall, the structure indicates improving trend conditions supported by rising momentum.

Key Technical Levels

Support is placed at ₹170.00–₹160.00, which may act as a near-term cushion. On the upside, resistance is seen at ₹200.00–₹210.00, where further upside could face pressure.

Risks

• Continued losses at the fundamental level
  • Potential disconnects between price and earnings
  • Short-term volatility after recent rally
  • Possibility of consolidation near higher levels

Summary

Meesho Ltd (NSE: MEESHO) has gained 7.20% in one session, extending its recent recovery despite reporting losses. The stock is showing improving technical structure with rising momentum, but the lack of profitability remains a key concern. The near-term trend appears positive, though sustainability will depend on whether momentum continues to hold against weak fundamentals.

FAQs

Why did Meesho stock rise today?
The rise appears driven by improving sentiment and technical recovery despite weak earnings.
Are the fundamentals strong?
No, the company continues to report losses despite strong revenue.
What should investors watch next?
Watch for whether momentum sustains or fades near higher levels.