Shares of IndiaMART InterMESH plunged more than 8 percent in intra-day trading on Wednesday after the company reported a significant drop in subscriber additions for the quarter ending June 2024 (Q1FY25). The company added only 1,500 subscribers in Q1FY25, far below analysts’ expectations, compared to 2,683 subscribers in the March […]
q1 results review
Indian stock market is experiencing a dichotomy, with high valuations in some sectors limiting investment opportunities, while robust macroeconomic conditions sustain investor interest in domestic equities, analysts said. Benchmark equity indices Sensex and Nifty 50 have declined approximately 1% from their record highs, driven by a broader weak sentiment following […]