Indiamart Intermesh Share Price Today on 30-10-2024: At 30 Oct 16:01 today, Indiamart Intermesh shares are trading at price ₹2548.35, -0.24% down from the previous closing price. Sensex is trading at ₹79942.18, down by -0.53%. The stock has hit a high of ₹2590.2 and a low of ₹2504.1 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 :
Days | Simple Moving Average |
---|---|
5 | 2485.76 |
10 | 2708.65 |
20 | 2829.65 |
50 | 2921.05 |
100 | 2824.27 |
300 | 2723.01 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹2596.23, ₹2642.37, & ₹2689.98, whereas it has key support levels at ₹2502.48, ₹2454.87, & ₹2408.73.
Till 4 PM today, the volume traded on NSE & BSE for Indiamart Intermesh was 180.24% 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% & ROA of 9.69% respectively.The current P/E of the stock is at 35.65 & P/B is at 8.16.
The median 1-year forecasted upside in this share is at 18.55% 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 down -0.24% today to trade at ₹2548.35 while its peers are mixed. Its peers such as are falling today, but its peers Gillette India, Jyothy Labs, Welspun Living, S H Kelkar & Company are on the rise. Overall, benchmark indices Nifty & Sensex are down -0.51% & -0.53% each respectively.
Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.