The AI SaaS startup plans to expand its enterprise customer base in India while exploring opportunities in Southeast Asia and the MENA region
Around 11:30 am, the IndiaMART InterMesh stock was trading 2.68 per cent higher at ₹2,201, even as the benchmark BSE Sensex was down 0.75 per cent at 81,565.86.
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IndiaMART Intermesh outlook: Analysts remain optimistic about the broader digital B2B marketplace opportunity and believes IndiaMART is well-placed to sustain growth as MSME digitisation deepens.
The company's total income increased 20 per cent YoY to ₹464.539 crore in the first quarter of FY26, the company announced in an exchange filing
The brokerage has sharply raised IndiaMART's target price to ₹3,800 from ₹2,100, indicating an upside potential of 52 per cent.
Bank of Baroda, Concor, HDFC Asset Management Company, and 22 others will be in focus today as they will trade ex-date on Friday, June 6, 2025
IndiaMART InterMESH shares plummeted 9.99 per cent to hit a 52-week low of Rs 2,064.10 per share, on Wednesday, January 22, 2025
IndiaMart InterMesh' profit after tax for the second quarter stood at Rs 135.13 crore, up 94.7 per cent year-on-year from to Rs 69.4 crore a year ago
The markets traded lackluster and ended slightly lower, continuing the ongoing consolidation phase. After a flat start, the Nifty fluctuated within a narrow range, eventually closing at 24,413.50.
Analysts at Nuvama Institutional Equities are optimistic about the revenue prospects of these "new age" internet companies
Private equity firm WestBridge Capital on Friday offloaded a 1.2 per cent stake in IndiaMART InterMESH for Rs 190 crore through open market transactions. WestBridge Capital, through its affiliate WestBridge Crossover Fund LLC, sold shares of IndiaMART InterMESH, an online B2B marketplace, through two separate block deals on BSE. As per the data available with BSE, WestBridge Crossover Fund LLC disposed of 7.3 lakh shares or a 1.2 per cent stake in IndiaMART InterMESH in two tranches. The shares were offloaded at an average price of Rs 2,601 apiece, taking the deal size to Rs 189.87 crore. These shares were purchased by SBI Mutual Fund and Morgan Stanley Asia (Singapore) at the same price. Shares of IndiaMART InterMESH gained 1.25 per cent to close at Rs 2,648.80 apiece on the BSE. In another block deal on the BSE, Rajat Agrawal, one of the promoters' of Gravita India, pared a 2 per cent stake in the company for Rs 191 crore. As per the block deal data available, Agrawal sold 14
Shares of Zomato have soared 57 per cent so far in 2024, but those of Paytm have tumbled 46 per cent
IndiaMart Q4FY24 results: The company has recommended a final dividend of Rs 20 per equity share of face value of Rs 10 each for the financial year 2023-24
IndiaMart's revenue from operations jumped 21 per cent to Rs 305 crore in the December quarter of the current financial year
IndiaMART, one of India's top online marketplaces, allows dealers to sell on its website after a nominal background check and says it has minimal control over what is advertised and sold
The revenue from operations for Q2FY24 came in at Rs 296.96 crore, compared to Rs 240.66 crore year-on-year (y-o-y), registering a rise of 23.39 per cent
Piramal Enterprises, KRBL, FDC and IndiaMART InterMESH turned ex-date for share buyback on Friday, falling in the range of 2 per cent to 4 per cent on the BSE in intra-day deals.
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IndiaMART registered traffic of 254 million and unique business enquiries of 22 million in Q1FY24