 "In the past two months, the stock has zoomed 98 per cent after reporting a strong operational performance for the quarter ended June 2020")
Shares of IndiaMART InterMESH continued their northward movement, hitting a new high of Rs 4,189, ralling 9 per cent on the BSE in the intra-day trade on Wednesday on expectation of strong earnings outlook.
The stock was trading higher for the third straight day in an otherwise weak market. The company on Tuesday announced that it has disinvested 70 per cent stake in equity share capital of 10times to Mayank Chowdhary and Atul Todi for Rs 21.17 lakh. Consequent to the said partial disinvestment by way of sale of equity shares, Ten Times Online Private Limited has ceased to be
