logo
close icon

IndiaMART InterMESH: Room for growth as more players shift online

Given the growth path of IndiaMart, investors with a longer-term view can accumulate the stock at lower levels

IndiaMart Intermesh Ltd (IndiaMart; CMP: Rs 4,403; Market capitalisation: Rs 13,457 crore) has corrected by more than 50 percent from its 52-week high in the month of October 2021. In March 2021, IndiaMart had raised Rs 1,070 crore through the QIP route at Rs 8,615 per share. The correction in stock price can be partly due to the higher valuation and the investment in various fintech- and SaaS (software as a service)-based companies. 

Read More: Money Control

Latest Posts

Our platform is integrated with AI, ensuring behavior-based matching...

Posted on December 17, 2024

Q: How is IndiaMART leveraging its platform to empower the MSME sector in India, and what specific tools or services have been most impactful for...

Read More

Trend of Gifting increases during festive season in tier...

Posted on November 22, 2024

The longstanding tradition of gifting among businesses rises to a peak during the festive season in India. It is not just urban businesses; the trend...

Read More

Trend of Gifting increases during festive season in tier...

Posted on November 22, 2024

The longstanding tradition of gifting among businesses rises to a peak during the festive season in India. It is not just urban businesses; the trend...

Read More