Key Points
IndiaMart InterMesh, an online B2B marketplace, on Monday announced that its board will consider a share buyback proposal on July 20...
...the Board of Directors of IndiaMART InterMESH Ltd, will also consider the proposal for buyback of fully paid up equity shares of the Company, . in their meeting scheduled to be held on Thursday, July 20, 2023," the company said in an exchange filing..
After the announcement, IndiaMart InterMesh share price rallied over 5% to an intraday high of 2,997.20 apiece on the BSE..
Meanwhile, during the quarter ended March 2023, IndiaMart InterMesh reported a consolidated net profit of 56 crore which was marginally lower than 57 crore in the year ago period..
At 11:30 am, the shares of IndiaMart InterMesh were trading 2.50% higher at 2,920.60 apiece on the BSE..
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