Archive · 16 Jan 2026
IndiaMART Shares Surge 9% in Biggest Gain Since 2023
IndiaMART, a big company that helps businesses buy and sell online, saw its stock price go up a lot in one day.
It was the biggest increase in over two years.
A big investor bought a lot of shares, which made the price go up.
The stock is still not at its highest, but it's doing better than before.
This is good news for people who own IndiaMART stock.
IndiaMART shares surged 9% to hit a day's high of Rs 2,304.95 on BSE.
The stock was trading 8.50% higher at Rs 2,294 over its previous close of Rs 2,114.25.
Nalanda India Equity Fund Ltd bought 11.18 lakh shares at an average price of Rs 2,110 per share.
This is the largest single-day gain since July 21, 2023, when the stock rose 8.72%.
Technical indicators show the stock is technically oversold with RSI at 32 and MFI at 24.9.
- Who
- IndiaMART InterMESH Ltd
- What
- Stock price surge of 9%
- When
- January 14, 2024
- Where
- BSE (Bombay Stock Exchange)
- Why
- Nalanda India Equity Fund Ltd purchased 11.18 lakh shares at Rs 2,110 per share
- Company
- IndiaMART InterMESH Ltd
- Stock Exchange
- BSE
- Day's High
- Rs 2,304.95
- Previous Close
- Rs 2,114.25
- Buyer
- Nalanda India Equity Fund Ltd
- Shares Purchased
- 11.18 lakh
- Transaction Value
- Approx Rs 232 crore
- Last Similar Gain
- July 21, 2023