New Delhi, Aug. 20 -- Meesho shares extended their winning run for a fourth straight session on Thursday, August 20, surging another 5.4% to hit a three-month high of Rs.207 apiece. The stock has been witnessing a notable rise in trading volumes in recent weeks, taking its gains in August so far to 14.3%.

The Street's initial reaction to the company's June-quarter earnings was negative. However, the stock later regained momentum as analysts remained bullish on Meesho's growth outlook, citing its asset-light business model and improving unit economics.

The company's net loss narrowed to Rs.132.8 crore in the quarter ended June 2026, aided by higher sales and lower order cancellations, compared with a loss of Rs.289.35 crore in the same p...