Bengaluru, June 25 -- India's Internet & Catalogue Retail sector is experiencing robust growth, driven by digital adoption and expanding online shopper bases. From FY23 to FY26, the overall retail market is projected to grow at 10% CAGR, reaching $1.2 trillion by FY26. E-retail, a key segment, is expected to hit $120-$140 billion by FY26, fueled by increasing penetration in smaller cities and diverse demographics.

With a market capitalization of Rs 15,870.40 crore, the shares of IndiaMART InterMESH Ltd were trading at Rs 2,642.00 per share, increasing around 5.93 percent as compared to the previous closing of Rs 2,494.05 apiece.

Brokerage Recommendation Nuvama Institutional Equities, one of the well-known brokerages in India, upgraded t...