Indiamart Intermesh Share Price Today on : At 29 Oct 11:04 today, Indiamart Intermesh shares are trading at price ₹2525, 0.44% up from the previous closing price. Sensex is trading at ₹79520.01, down by -0.61%. The stock has hit a high of ₹2540.45 and a low of ₹2490 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.
Till 11 AM today, the volume traded on NSE & BSE for Indiamart Intermesh was 68.86% 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 35.12 & P/B is at 8.04.
The median 1-year forecasted upside in this share is at 19.64% 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 0.44% today to trade at ₹2525 while its peers are mixed. Its peers such as Welspun Living, S H Kelkar & Company are falling today, but its peers Gillette India, Jyothy Labs are on the rise. Overall, benchmark indices Nifty & Sensex are down -0.8% & -0.61% each respectively.
