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Will Indiamart’s Share Price Surge Sustain?
Share prices of Indiamart Indiamesh, which listed on July 4, have doubled from its issue price of Rs 973.
01 Oct 2019, 08:51 AM IST
When India’s small businesses are facing stress, investors are betting on the nation’s largest online marketplace that lets such enterprises buy and sell in bulk.Share prices of Indiamart Intermesh Ltd. have surged 45 percent since market debut three months ago to trade at Rs 1,893 apiece. The stock, which listed on July 4, has doubled from its issue price of Rs 973.Indiamart offers everything from construction material and power too...
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