 "IndiaMART InterMESH hits new record high; zooms 103% against issue price")
Shares of IndiaMART InterMESH continued their dream run at the bourses and hit a new high on the BSE on Wednesday in an otherwise weak market. The shares now trade at more than double the value of its issue price.
The stock of India's largest online business-to-business marketplace was trading 6 per cent higher at Rs 1,971, extending its previous day’s 10 per cent rally on the BSE. It was quoting at its highest level since its listing on July 4, 2019.
The market price of IndiaMART InterMESH has appreciated 103 per cent against its issue price of Rs 973 per share.
