Trending stocks: IndiaMART InterMESH shares rise over 2%

NEW DELHI: Shares of IndiaMART InterMESH traded 2.48 per cent up in Monday 's trade at 11:47AM (IST).

Around 14687 shares changed hands on the counter. The stock opened at Rs 2187.05 and touched an intraday high and low of Rs 2266.2 and Rs 2187.0 , respectively, in the session so far.

The stock quoted a 52-week high of Rs 2862.5 and a 52-week low of Rs 1102.95 .


Financials
IndiaMART InterMESH Ltd., incorporated in the year 1999, is a Mid Cap company (having a market cap of Rs 6321.58 Crore) operating in Services sector.

For the quarter ended 31-12-2019, the company reported a Consolidated sales of Rs 164.90 Crore, up 5.30 % from last quarter Sales of Rs 156.60 Crore and up 23.43 % from last year same quarter Sales of Rs 133.60 Crore. The Company reported net profit after tax of Rs 62.70 Crore in latest quarter.

IndiaMART InterMESH Ltd. key Products/Revenue Segments include Income From Information Services which contributed Rs 497.28 Crore to Sales Value (93.88 % of Total Sales) and Income From Sale Of Share & Securities which contributed Rs 32.39 Crore to Sales Value (6.11 % of Total Sales)for the year ending 31-Mar-2019.

Promoter holding
Promoters held 52.34158 per cent stake in the company as of quarter ended 31st Dec 2019 .

Valuation ratio
It quoted a price-to-earnings ratio of 49.27 and price to book value of 40.0 .