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.
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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