Matrimony.com Ltd plans to launch offering in matchmaking space

Matrimony.com Limited ("the Company") plans to launch an offering in the matchmaking space, geared towards Next Generation (Next-Gen) serious relationships, within this financial year (FY24). This initiative will revolve around the theme of "love" before marriage, thereby building a clear differentiation and addressing the market need. In this context, the Company has purchased the domain "luv.com", foreseeing its potential as a Pan-India brand, to resonate with the Next-Gen audience.

Shares of Matrimony.Com Limited was last trading in BSE at Rs. 583.40 as compared to the previous close of Rs. 579.85. The total number of shares traded during the day was 297 in over 94 trades.

The stock hit an intraday high of Rs. 586.50 and intraday low of 582.00. The net turnover during the day was Rs. 173492.00.

Source : Equity Bulls

Keywords

MatrimonyCom INE866R01028 Matchmaking NextGen