Shares of Meesho came under intense selling pressure for the second consecutive trading session, hitting the lower circuit after the company reported wider-than-expected losses for the December quarter (Q3). The sharp decline reflects growing investor unease over the pace of Meesho’s path to profitability amid a challenging funding environment for consumer internet startups.
According to market data, Meesho’s stock opened sharply lower and quickly slipped to the day’s permissible limit, with sellers dominating the order book and limited buying interest visible through most of the session. The back-to-back lower circuit underscores how sensitive markets remain to earnings disappointments, pa
...
