Meesho shares turn multibagger! Stock soars over 110% from IPO price to fresh record high — Is it still a buy?
Recently listed e-commerce company Meesho’s stock has now turned a multibagger. Meesho share price hit a record high for the third straight day on Thursday, December 18, now soaring as much as 110% from its IPO price of ₹111.
In intra-day deals today, the stock jumped 8% to its day’s high of ₹233.50 on the BSE in intra-day deals. This is the fourth straight session of gains for the stock, rising over 41% in this period. Meesho share price climbed 20%, 5.6% and 3.4% in the past three trading sessions.
