Matrimony.com Ltd.

NSE: MATRIMONY | BSE: 540704 | ISIN: INE866R01028 | Industry: Internet Software & Services
| Falling Comet

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Matrimony.com Ltd.
06 Nov 2020
502.70
-2.67%
ICICI Securities Limited
The company's paid subscribers increased 25.7% YoY mainly led by company's focus on Tier II and Tier III cities to drive subscriber growth. In addition, Matrimony is now approaching with differentiated pricing, which will help in targeting & converting active subscribers to paid subscribers. Further, increasing market share in the north (that we believe is equally distributed among competitors) is expected to drive paid subscriber growth. This coupled with double digit growth (up 13.5% YoY) in matchmaking billing in current quarter and company's expectation of double digit billing...
Matrimony.com Ltd.'s price crossed below 30Day SMA today
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