Affle, IndiaMART InterMESH hit new highs; zoom up to 470% from issue price

Shares of Affle (India) hit the upper circuit limit for the second straight day, up 5 per cent at Rs 4,068 on the BSE.

Shares of Affle (India) and IndiaMART InterMESH hit their respective all-time highs in intra-day trade on Wednesday. Since their listing on the bourses in 2019, both stocks have rallied up to 470 per cent against their issue price on the BSE. Shares of Affle (India) made a market debut on August 8, 2019 while those of IndiaMART InterMESH got listed on the bourses on July 4, 2019.

IndiaMART InterMESH rose 3 per cent to Rs 5,550, surpassing its previous high of Rs 5,485 touched on September 28, 2020. The stock has rallied 470 per cent from its issue price of