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Company updateMoneycontrol

SoftBank sells 1.65% Meesho stake for Rs 1,885 cr

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GreyOak summary

SoftBank sold a 1.65% stake in Meesho worth Rs 1,885 crore via open-market transactions on November 13. Fidelity Investments was the largest buyer, acquiring a 0.5% stake. Meesho shares rose 1.16% to Rs 257.05 amid heavy trading volumes.

What it affects

  • MeeshoMEESHONeutral 0

    Shares rose 1.16% on heavy volumes.Rolling sentiment Positive +28

Source

Read the original at Moneycontrol

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