Wed, Jan 22, 2025 12:11 PM
Buy Sunteck Realty; target of Rs 700: Prabhudas Lilladher
A Flip by Swapnil Tiwari
Motilal Oswal's research report on IndiaMART: IndiaMART (INMART) reported 3QFY25 revenue growth of 16% YoY/1.9% QoQ, in line with our estimate of 17.6% YoY growth. Collection growth was 10% YoY at INR3.6b. Deferred revenue rose 17% YoY to INR14.9b. EBITDA margin expanded ~30bp QoQ to 39%, above our estimates of 29.9%, on the back of lower outsourced sales costs and other expenses.
Open Flip
The registered investor base of National Stock Exchange (NSE) has crossed the mark of 11 crore unique registered investors, with total number of registered accounts at over 21 crore, the exchange said on January 22. The pace of investor registrations at NSE has risen by 3.6-fold in past five years, and the last one crore investors were added in just over five months.
Open Flip
New Zealand house prices dipped in December amid tepid demand as many prospective buyers decided to pause their plans because they expect mortgage rates to fall this year, the Real Estate Institute of New Zealand (REINZ) said on Wednesday. Seasonally adjusted median house prices fell 1.0% in December versus the previous month, and 1.8% from the previous year.
Open Flip
