Indiamart Intermesh Share Price Today on : Indiamart Intermesh share are up by 1.2%, Nifty down by -0.15%

Indiamart Intermesh Share Price Today on 24-10-2024: On the last trading day, Indiamart Intermesh opened at 2472.55 and closed at 2509.95. The stock reached a high of 2515.80 and a low of 2457. Overall, the stock showed a positive movement, ending the day with an increase in value.

Livemint
Published24 Oct 2024, 11:26 AM IST
Indiamart Intermesh Stock Price Today
Indiamart Intermesh Stock Price Today

Indiamart Intermesh Share Price Today on : At 24 Oct 16:00 today, Indiamart Intermesh shares are trading at price 2509.95, 1.2% up from the previous closing price. Sensex is trading at 80065.16, down by -0.02%. The stock has hit a high of 2515.8 and a low of 2457 during the day.

On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days.

The SMA values for the stock are given below :

DaysSimple Moving Average
52824.22
102922.36
202919.08
502943.28
1002823.95
3002728.08

The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at 2522.17, 2551.63, & 2585.72, whereas it has key support levels at 2458.62, 2424.53, & 2395.07.

Indiamart Intermesh Share Price Today

Overall, as per Mint technical analysis, The stock is currently experiencing a strong downtrend.

From a fundamental analysis perspective, the company has a ROE of 17.60% .The current P/E of the stock is at 34.70 & P/B is at 7.94.

The median 1-year forecasted upside in this share is at 21.28% with a target price of 3044.00.

The company has a 0.00% promoter holding, 0.78% MF holding, & 23.86% FII holding as per filings in the september quarter.

The MF holding has decreased from 0.85% in june to 0.78% in the september quarter.

The FII holding has increased from 23.37% in june to 23.86% in the september quarter.

Indiamart Intermesh share price up 1.2% today to trade at 2509.95 while its peers are mixed. Its peers such as Welspun Living, S H Kelkar & Company, La Opala Rg are falling today, but its peers Jyothy Labs are on the rise. Overall, benchmark indices Nifty & Sensex are down -0.15% & -0.02% each respectively.

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