Indiamart Intermesh rises on incorporating wholly owned subsidiary
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Indiamart Intermesh is currently trading at Rs. 3000.30, up by 6.05 points or 0.20% from its previous closing of Rs. 2994.25 on the BSE.
The scrip opened at Rs. 2999.00 and has touched a high and low of Rs. 3019.95 and Rs. 2989.85 respectively. So far 5181 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3293.45 on 07-Sep-2023 and a 52 week low of Rs. 2229.05 on 04-Jun-2024.
Last one week high and low of the scrip stood at Rs. 3028.20 and Rs. 2880.00 respectively. The current market cap of the company is Rs. 18002.14 crore.
The promoters holding in the company stood at 49.21%, while Institutions and Non-Institutions held 35.18% and 15.61% respectively.
Indiamart Intermesh has incorporated a wholly owned subsidiary (WOS) company by name ‘IIL Digital' on August 27, 2024. The said WOS has been incorporated to set up a digital marketplace that offers business solutions for a diverse range of customer needs.
Indiamart Intermesh is India’s largest online B2B marketplace for business products and services.
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