Matrimony.com zooms 43% in 2 days, scales fresh record high

JP Morgan Asset Management, which holds shares in Matrimony.com through CMDB, is offloading its stake in the company via open markets through bulk deal

Shares of Matrimony.com hit a record high of Rs 1,160 after surging 19 per cent on the BSE in the intra-day trade on Wednesday. The stock has zoomed 43 per cent in the past two trading days.

The stock of the leading consumer internet company in India surpassed its previous high of Rs 1,025 touched on September 21, 2017, also its debut day on the bourses. It zoomed 362 per cent from its 52-week low of Rs 251 touched in March 2020.

At 10:39 am, the stock was trading 17 per cent higher at Rs 1,137 on the BSE, against a 0.64