Indiamart Intermesh Share Price Today on : Indiamart Intermesh share are up by 3.1%, Nifty up by 0.65%

Indiamart Intermesh Share Price Today on : At 28 Oct 16:02 today, Indiamart Intermesh shares are trading at price ₹2513.9, 3.1% up from the previous closing price. Sensex is trading at ₹80005.04, up by 0.76%. The stock has hit a high of ₹2527.35 and a low of ₹2401.95 during the day.

On the technical front, the stock is trading above the 5 days SMA & lower than the 10,20,50,100,300 day SMA. The stock will have support at 5 days SMA & face resistance at 10,20,50,100,300 days SMA

The SMA values for the stock are given below :

The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹2561.67, ₹2608.28, & ₹2688.62, whereas it has key support levels at ₹2434.72, ₹2354.38, & ₹2307.77.

Indiamart Intermesh Share Price Today

Till 4 PM today, the volume traded on NSE & BSE for Indiamart Intermesh was 74.04% higher than the previous trading session. Volume traded is an important indicator along with price to study trends. Positive price movement with higher volume suggests a sustainable upmove, and negative price movement with higher volume might be an indication of further decline in prices.

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 34.04 & P/B is at 7.79.

The median 1-year forecasted upside in this share is at 20.17% with a target price of ₹3021.00.

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 3.1% today to trade at ₹2513.9 while its peers are mixed. Its peers such as Jyothy Labs are falling today, but its peers Gillette India, Welspun Living, S H Kelkar & Company are on the rise. Overall, benchmark indices Nifty & Sensex are up 0.65% & 0.76% each respectively.