Company updateCNBC-TV18
Meesho shares surge to new high on MSCI inclusion
Positive+49
GreyOak summary
Meesho shares rose 4% to a new post-listing high of ₹258.5 after being included in the MSCI Global Standard Index. The stock is expected to receive approximately $307 million in inflows upon the November 30 rebalancing. Meesho reported a 34.4% revenue growth in the September quarter with a narrowed net loss.
What it affects
- MeeshoMEESHOPositive +49
Shares surged to new high on MSCI inclusion.Rolling sentiment Positive +49
Source
Read the original at CNBC-TV18More Meesho news
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