The brokerage said IndiaMART is trading at a premium to multiples of classifieds-based models listed globally and in India, barring Info Edge. But its premium valuations are justified, given a healthy earnings growth outlook, strong cash generating abilities, and superior returns profile, it said.
Bitcoin trades near $76K, Ethereum at $2,240 as tech selloff, strong US jobs data weigh on crypto markets
Bitcoin hovered near $76,000 and Ethereum around $2,240 as technology stock weakness, AI spending concerns and US crypto legislation uncertainty weighed on sentiment. Despite modest