IndiaMART InterMESH rallies 22% in 7 days on F&O inclusion

Despite the current 7-day rally, the stock has underperformed the markets by gaining just 6 per cent in the past 6 months, compared to a 16 per cent surge by the S&P BSE Sensex

Shares of IndiaMART InterMESH continued their upward journey, surging over 6 per cent to Rs 8,630 on the National Stock Exchange (NSE) on Monday. The stock has rallied 22 per cent in the past seven trading sessions after being included in the derivatives segment (Futures & Options contracts) on the NSE from the new series that began from August 27.

However, despite the recent 7-day rally, the stock has underperformed the S&P BSE Sensex and has gained mere 6 per cent in the past six months as against a 16 per cent surge in the benchmark.

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