IndiaMart News
IndiaMART InterMESH shares slide 10% to 25-month low after Q3 numbers; analysts cut target price
Indiamart Intermesh shares fell 10% to a 25-month low of ₹2,065.40 after brokerages downgraded their ratings due to a decline in paid subscribers and weak collection growth. Nomura reduced its target price to ₹1,900, while Nuvama lowered it to ₹1,970.
2 min read22 Jan 2025F&O Strategy: Buy Godrej Properties, IndiaMART, Endurance Tech, suggests Rupak De in rising stock market
F&O Strategy: Technical views on F&O market by Rupak De, Senior Technical Analyst, LKP Securities. De suggests buying Godrej Properties, IndiaMART InterMESH, and Endurance Technologies.
2 min read20 Jan 2025Stock to buy: JM Financial upgrades IndiaMART InterMESH to ’Buy’ after 22% stock correction
JM Financial upgraded IndiaMART InterMESH from ’Sell’ to ’Buy’ after a 22% decline. Although Q3FY25 growth is expected to be muted, medium-term collections are expected to grow in the low teens. The revised price target for March 2026 is ₹2,450, reflecting a decent upside from current levels.
3 min read9 Jan 2025IndiaMART InterMESH shares drop over 8% on lower subscriber additions in Q1FY25
Shares of IndiaMART InterMESH plunged more than 8 percent in intra-day trading on Wednesday after the company reported a significant drop in subscriber additions for the quarter ending June 2024. Despite this, IndiaMART reported strong earnings for the quarter, with notable margin expansion.
3 min read31 Jul 2024NTPC to raise ₹12,000 crore via bonds, NCDs issue: Focus on ongoing and expansion projects
NTPC is focusing on multiple projects both ongoing as well as expanding into new ones, said NTPC in the quarterly conference call.
1 min read29 Jun 2024Mint Explainer: How deferred EU sanctions bring relief to the Indian diamond industry
This extension allows industry stakeholders additional time to implement a comprehensive traceability scheme for imported rough and polished natural diamonds.
5 min read28 Jun 2024IndiaMart shares rise 5% as Jefferies sees 27% upside from current level
IndiaMART’s stock has experienced a decline of over 3 percent in the last month, contrasting with the 3 percent increase observed in the benchmark Sensex.
1 min read12 Mar 2024Indiamart Intermesh: Jefferies initiates coverage with ’buy’ rating, sees 26% upside – 6 key reasons why
Jefferies expects Indiamart to have strong revenue growth driven by the rise in digital penetration among SMEs and reasonable valuations. The brokerage forecasts a 19% compound CAGR over FY24–26E.
3 min read14 Feb 2024IndiaMART InterMESH shares surge 9.5% on Q3 earnings beat but some brokerages cut target; here’s what they say
IndiaMART InterMESH share price jumped 9.5% on Friday’s session following the release of IndiaMART InterMESH Q3 earnings that met Street forecasts.
4 min read19 Jan 2024IndiaMart InterMesh board to consider share buyback proposal on July 20; stock jumps 5%
After the announcement of share buyback, IndiaMart InterMesh share price rallied over 5% to an intraday high of ₹2,997.20 apiece on the BSE.
1 min read17 Jul 2023Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared