Online marketplace seller Intrasoft Technologies Ltd. , which has seen its stock rally 57 percent since Diwali last year, expects to grow at 20-25 percent compounded annually for the next few years to support this surge in the stock price.
The company — amongst the first 100 Amazon marketplace sellers — has a “system capable of regenerating” this growth target thanks to its technology advantage, its Managing Director Arvind Kajaria Kajaria told BloombergQuint in an interview.
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It runs the website 123stores.com which allows U.S. vendors to sell products on its platform.
Watch the full interview here.
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