IndiaMart shares down 19% on Jefferies downgrade: buy, sell, or …

Oct 21, 2024  · Shares of IndiaMart Intermesh plunged by 19% to ₹2,447 during morning trading on October 21, despite reporting strong second-quarter earnings. While the online B2B …


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IndiaMart Shares Down 19% On Jefferies Downgrade: Buy, Sell, Or …

1 week from now

Oct 21, 2024  · Shares of IndiaMart Intermesh plunged by 19% to ₹2,447 during morning trading on October 21, despite reporting strong second-quarter earnings. While the online B2B …

kalkinemedia.com

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IndiaMart Shares Down 19% On Jefferies Downgrade: Buy, Sell, Or …

1 week from now

Shares of IndiaMart Intermesh plunged by 19% to ₹2,447 during morning trading on October 21, despite reporting strong second-quarter earnings. While the online B2B marketplace posted a ...

msn.com

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Indiamart Intermesh Shares Tank 19% On Jefferies' Downgrade …

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Oct 21, 2024  · At about 10:20 am, shares of the company were trading at Rs 2,585, down 14.2 percent from the last close on the NSE. Indiamart Intermesh is currently trading way lower …

moneycontrol.com

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Why Did Indiamart Fall 19% Despite Reporting 96% YoY Increase In …

1 week from now

Oct 21, 2024  · Shares of India’s largest B2B digital marketplace dropped 19 percent to Rs.2,447.50 per share on Monday morning trade following a downgrade from Jefferies, …

tradebrains.in

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Indiamart Shares Fall 19% Following Jefferies Rating Update

1 week from now

Oct 21, 2024  · At around 10:20 am, Indiamart's shares were trading at ₹2,585, down 14.2% from the previous close on the NSE. The stock is currently trading significantly lower than its 52 …

venturasecurities.com

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Jefferies On IndiaMart: Downgrade To Underperform, Sees 15

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Oct 21, 2024  · Jefferies has downgraded IndiaMart from Buy to Underperform, lowering its target price to Rs 2540, reflecting a 15% downside. While the company delivered in-line Q2 results, …

businessupturn.com

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IndiaMart: Buy, Sell, Or Hold? Here’s What Brokerages Are Saying

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Oct 21, 2024  · Jefferies: Downgrade to Underperform, target price cut to Rs 2540, sees 15% downside. Jefferies has downgraded IndiaMart from Buy to Underperform, with a target price …

businessupturn.com

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Indiamart Intermesh Buyback 2023 Latest News Today

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Aug 25, 2023  · IndiaMart shares down 19% on Jefferies downgrade: buy, sell, or hold? October 21, 2024 12:33:00 PM. Shares of IndiaMart Intermesh plunged by 19% to ?2,447 during …

chittorgarh.com

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IndiaMart Shares Down 19% On Jefferies Downgrade: Buy, Sell, Or …

1 week from now

Oct 21, 2024  · Shares of IndiaMart Intermesh plunged by 19% to ₹2,447 during morning trading on October 21, despite reporting strong second-quarter earnings. While the online B2B …

investing.com

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IndiaMART Shares Keel Over 18% Despite Q2 PAT Zooms 95%; BUY, …

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Oct 21, 2024  · IndiaMART Share Price Down Why: Shares of IndiaMART Intermesh, an online B2B marketplace, keeled over 18 per cent on Monday, October 21, to hit an intraday low of Rs …

etnownews.com

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IndiaMart Shares Down 19% On Jefferies Downgrade: Buy ... - One …

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Shares of IndiaMart Intermesh plunged by 19% to ₹2,447 during morning trading on October 21, despite.. • Markets • One News Page: Monday, 21 October 2024

onenewspage.com

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IndiaMART Shares Tank 16% After Downgrades Post Q2 Results

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Oct 21, 2024  · Out of the 21 analysts that have coverage on IndiaMART, eight of them have a "buy" rating, four of them say "hold", while nine of them have a "sell" recommendation on the …

cnbctv18.com

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IndiaMart Shares Fall 10% As Q2 Collections Under Pressure, …

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Oct 21, 2024  · IndiaMART’s stock declined by 10% following its Q2 FY25 results. Despite posting in-line numbers, Jefferies downgraded the stock from “Buy” to “Underperform,” citing concerns …

businessupturn.com

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IndiaMart Shares Tumble 18% After Q2 Results. Should You Buy, Sell …

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Oct 21, 2024  · Kotak Equities: Sell| Target price: Rs 2,575 Kotak Institutional Equities retained its sell call on IndiaMart while increasing the target price to Rs 2,575 from Rs 2,530 Indiamart …

indiatimes.com

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IndiaMart Shares Down 19% On Jefferies Downgrade: Buy, Sell, Or …

1 week from now

Oct 21, 2024  · Shares of IndiaMart Intermesh plunged by 19% to ₹2,447 during morning trading on October 21, despite reporting strong second-quarter earnings. While the online B2B …

unseenprofit.com

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IndiaMART Surges Over 5% As Jefferies Predicts Subscriber …

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Mar 15, 2024  · Analysts at Jefferies forecasted that paid subscriber additions will pick up from 3,000 per quarter in FY24E to 6,000 per quarter in FY25E. Shares of IndiaMART InterMESH …

indiamart.com

FAQs about IndiaMart shares down 19% on Jefferies downgrade: buy, sell, or … Coupon?

Why did Jefferies downgrade IndiaMART to 2540?

As a result, Jefferies slashed its price target for IndiaMart shares to ₹2,540, citing weak subscriber additions and stagnant collections growth as critical concerns. Jefferies’ downgrade of IndiaMart from “buy” to “underperform” has raised red flags for investors. ...

Why did Jefferies cut its price target for IndiaMART shares?

This slowdown led to a mere 5% rise in collections, a steep drop from 14% in the same quarter last year. As a result, Jefferies slashed its price target for IndiaMart shares to ₹2,540, citing weak subscriber additions and stagnant collections growth as critical concerns. ...

Why did IndiaMART InterMESH stock fall 19%?

Shares of IndiaMart Intermesh plunged by 19% to ₹2,447 during morning trading on October 21, despite reporting strong second-quarter earnings. While the online B2B marketplace... Indian spices exports reached a record $4.46 billion in 2023-24, driven by strong demand for varieties like pepper and turmeric. ...

Why is IndiaMART share price down?

IndiaMART Share Price Down Why: Shares of IndiaMART Intermesh tanked over 18 per cent after the company reported its Q2 results. The plunge in its share price came despite the company reporting a 95 per cent jump in its profit after tax (PAT). What should investors do? Buy, sell, or hold? ...

Will IndiaMART's share price recover after strong earnings?

Out of 21 analysts covering IndiaMart, eight have a “buy” rating, four recommend “hold,” and nine suggest “sell,” reflecting the mixed sentiment surrounding the stock’s prospects. Despite strong earnings, the company’s ability to accelerate subscriber growth will be key in determining whether its share price can recover. ...

What is the price target for IndiaMART InterMESH Ltd (in)?

BofA Securities analysts raised the price target on IndiaMart InterMesh Ltd (IN) to INR2,350.00 (from INR2,150.00) while maintaining an Underperform rating. The analysts comment:... IndiaMart shares down 19% on Jefferies downgrade: buy, sell, or hold? ...

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