Meesho shares rise after Jefferies keeps buy rating
In short
Meesho shares closed 5.2% higher at ₹238.40 on October 6, 2026. The move came after Jefferies kept its ‘Buy’ call on the stock.
The rise matters for Meesho investors and traders because it shows positive market reaction. The reporting does not say what Jefferies said in detail or whether the gain continued after the close.
What the reporting says
Meesho shares ended the trading session 5.2% higher at ₹238.40 on October 6, 2026, according to a publisher-supplied summary. The move followed Jefferies retaining a ‘Buy’ rating, though the reporting does not give Jefferies’ full rationale or any new company guidance. The immediate consequence was a sharp stock gain at the close.
Why it matters
Meesho shares ended 5.2% higher at ₹238.40 after Jefferies retained a Buy rating, according to the publisher summary. The report links the stock move to the broker call, but it does not state the detailed research reasons or any company response. The immediate impact was a stronger close for the stock.