
Shares of Meesho have delivered a stunning post-IPO run, nearly doubling investor wealth in just seven trading sessions and briefly hitting upper circuits. The rally has pushed the company’s market capitalisation past ₹1 lakh crore, with co-founder Vidit Aatrey joining the billionaire club. However, the sharp rise has also triggered the first signs of caution, with the stock cooling off after a steep climb. Analysts point out that valuations have expanded to levels comparable with peers, even as operating losses of over ₹550 crore persist. While optimism was boosted after UBS raised its target, the Street is now watching Meesho’s path to profitability closely. The next leg of the story hinges on execution, margins, and sustained cash flow discipline.