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Indiamart Intermesh Shares Tumble Over 7% Despite 12% Rise In Q1 Profit

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Indiamart Intermesh shares tumbled over 7% despite reporting a 12% rise in Q1 profit.
The stock was trading down 5.62% with mixed analyst ratings.
Indiamart's stock has declined nearly 29% over the past 12 months.
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Who owns this?
Adani Group
Gautam Adani
Acquired by Adani Group in 2022 from the founders.
Wikipedia: Gautam Adani