Meesho's Meteoric Market Surge: A Triumph of E-commerce

Meesho's IPO shares surged 112% from its initial offering at Rs 111 since debuting on the market on December 10. In recent trading, the stock rose by 42.55% over four days, with a 20% rise in one session. The company's market value stands at Rs 1,06,284.24 crore.

E-commerce giant Meesho has seen its shares soar by more than 112% since its market debut on December 10, initially listed at an issue price of Rs 111.

Over just four trading sessions, the company's stock has surged by 42.55% on the BSE, signaling robust investor demand.

On Thursday, Meesho's stock price jumped 8.85% to close at Rs 235.50, and the company now boasts a market valuation of Rs 1,06,284.24 crore after its substantial debut, ending at a 53% premium.